Earlier this month, a group led by three of the company's directors, Burt Sugarman, James M. Trotter III and Willam E. Trotter II, indicated it had a 45.2 % stake in the Louisville, Ky., fast-food company and that it planned to seek a majority of seats on Rally's nine-member board. The company said it was " concerned about the announced intent to (acquire) control of the company " by a Sugarman-led group.  
 Verb: acquire
Yes