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Buffalo Wild Wings Jumps on Mick McGuire's Bullish Take

Marcato Capital Management's Mick McGuire is as bullish on the restaurant chain as ever.

Marcato Capital Management's Mick McGuire reiterated his bullish stake in Buffalo Wild Wings (BWLD) at San Francisco's Sohn Investment Conference, causing shares to spike as much as 3%. McGuire is a former Pershing Square investor with billionaire activist Bill Ackman, and has long been clamoring for a management shakeup at Buffalo Wild Wings. McGuire now says shares of the Ohio-based restaurant chain could be poised to triple if it is successful in converting its businesses to a more franchise-based model. Shares of Buffalo Wild Wings have fallen about 15% over the past two months.

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