Western Sizzlin continues to invest in Steak n Shake

By Lisa Kerner

Charlotte, N.C., Dec. 27 - Investors led by the Western Sizzlin Corp. and Western Acquisitions LP bought an additional 112,700 shares of the Steak n Shake Co.'s stock between Dec. 14 and Dec. 20.

The shares were priced from $10.47 to $11.04 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons own 2,275,945 shares, or 8.0%, of the Indianapolis-based casual dining restaurant franchisor.

On Sept. 10, Western Sizzlin and Western Acquisitions bought 253,900 shares of Steak n Shake and reported a 6.7% stake in the company.

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