Houston-based Luby’s Inc. (NYSE: LUB) has won its proxy fight with investor Bandera Partners.
The preliminary vote count from the Jan. 25 annual meeting shows Luby’s shareholders did not elect any of Bandera’s four director nominees, according to a press release from the company. The company’s proxy solicitor reviewed the preliminary results, and the official results will be tabulated by the company’s independent inspector of elections and then filed with the U.S. Securities and Exchange…
Houston Biz Journal
Luby’s defeats board challenge from activist investor