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Publication: Indianapolis Business Journal
Publication Date: 31-DEC-07
Delivery: Immediate Online Access
Author: Andrews, Greg
Company: Steak N Shake Co.

Article Excerpt
The Steak n Shake Co.'s prospects dimmed in 2007, a downturn that cost the CEO his job and raised questions about whether the Indianapolis company will be able to retain its independence.

Late in the year, the diner chain reported its ninth-consecutive quarter of declining same-store sales.

The company has...

NOTE: All illustrations and photos have been removed from this article.



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