Biglari Holdings Inc.
A diversified holding company based in San Antonio, Texas, that owns an eclectic collection of businesses—most notably the Steak 'n Shake and Western Sizzlin' restaurant chains, along with insurance firms and the MAXIM media brand. It grew out of activist investor Sardar Biglari's 2008 takeover of the struggling burger chain Steak 'n Shake, which he renamed Biglari Holdings in 2010. A fun detail: the Steak 'n Shake name came from founder Gus Belt, who in the 1930s would wheel a barrel of steak cuts into his dining room and grind burgers in front of customers.