El Pollo Loco Soars 15.3% on Acquisition Proposal

On April 8, 2025, El Pollo Loco's stock surged by 15.3% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

El Pollo Loco Holdings, Inc. has recently received an unsolicited acquisition proposal from Biglari Capital. This development has sparked interest in the company's future direction and potential changes in ownership. The board of El Pollo Loco is currently evaluating this proposal, which could have substantial implications for the company's strategic plans and market position.

In response to previous acquisition attempts, El Pollo Loco's board adopted a limited-duration shareholder rights plan, commonly known as a poison pill, in 2023. This move was aimed at protecting the company's interests and ensuring that any potential acquisition would be in the best interest of shareholders.

Additionally, there have been notable insider transactions involving El Pollo Loco's directors. Samuel N. Borgese and Mark Buller have both sold shares of the company's common stock, with Borgese selling shares worth approximately $412,153 and Buller selling shares worth $123,480. These transactions have been reported to the Securities and Exchange Commission and may reflect the directors' views on the company's current valuation and future prospects.