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Scout Capital Management Takes a Turn Toward Activism

The New York-based fund manager has taken active stakes in two dining chains, its first such moves in nine years.

Is Scout Capital Management becoming an activist investor? In the past five weeks, Scout Capital Management, the New York–based hedge fund firm founded in 1999 by former Donaldson, Lufkin & Jenrette bankers James Crichton and Adam Weiss, has filed two 13Ds — its first such filings since 2004 — with the

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