On January 31, 2018, Marathon Partners Equity Management, LLC issued a statement in response to the Company's adjournment of the Special Meeting of Shareholders to vote on the Company's proposed acquisition of 99 Restaurants, LLC. Marathon Partners added that the rescheduled meeting, to be held on February 1, 2018, will no longer require shareholders to approve, by a two-thirds vote, the removal of the Tennessee Control Share Acquisition Act from the Company's Charter as a condition to closing.