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Is the Cheesecake Factory next for activist investors?

Activist investors can’t resist restaurant stocks. Is the Cheesecake Factory next?

Are Brinker International or the Cheesecake Factory attractive targets for activist investors?

It’s worth asking the question because there is something about restaurant operators that activist investors can’t seem to resist. A Barron’s analysis shows that over half of the restaurant components in the S&P 1500 had activist investors involved in their stocks at some point in recent years.

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