Article: Peltz Eyes Cheesecake Factory

Market ScanPeltz Eyes Cheesecake Factory Ruthie Ackerman, 12.19.07, 6:35 PM ETCheesecake Factory shares jumped over 10% on Wednesday after the Federal Trade Commission said it has given antitrust approval to Nelson Peltz's Trian Star Trust for a transaction with the restaurant chain. The exact type of transaction isn't immediately apparent from the approval but suggests a stock purchase of Cheesecake Factory shares is coming by food chain guru Peltz. William Blair & Company analyst Sharon Zackfia said that Peltz's fund has a history of buying activist stakes in companies, but at this point what ideas or changes he plans to bring to the table for the Cheesecake Factory aren't apparent. ...

Read all of this article (available on a partner's Web site)

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!