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Texas: Cracker Barrell makes a deal on its indictment

The Nashville Business Journal reports: Cracker Barrel Old Country Store Inc. has announced today that charges filed against the company in Travis County, Texas, regarding an alleged illegal political contribution have been dismissed as part of a deal reached with prosecutors.

Last year, Cracker Barrel, which is owned by Lebanon-based CBRL Group Inc. (NYSE: CBRL), with seven other companies, was indicted by a Texas grand jury - along with political consultants of a political action committee formed by U.S. House Majority Leader Tom DeLay, R-Texas. ...

For its part of the deal, Cracker Barrel agreed to publicly disclose all of its corporate political contributions on its Web site for two years, to not make any illegal contributions in Texas or any other state, to cooperate with the state in its prosecution of anyone related to the donation that is under indictment. The company admitted no wrongdoing.

Cracker Barrel also has decided to donate $50,000 to support a nonpartisan series of programs at The LBJ School of Public Affairs at the University of Texas. -- Cracker Barrel dismissed from Texas campaign fund case - 2005-02-02 - Nashville Business Journal