Apparently Biglari's attempt at another superficially Berkshire-like move (Class A and B shares) but which is really just a power grab has hit some snags:http://www.inelegantinvestor.com/2012/12/14/jockey-biglari-a...Scheduling and canceling all of these meetings at the last minute isn't great for shareholders who may have traveled to San Antonio to attend. Then again, the likely non-refundable cost of slumming it at a local San Antonio hotel ballroom is probably considerably more modest than it would cost at the St. Regis. So that's shareholder friendly at least.
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