A federal judge ordered Popeyes Famous Fried...

A federal judge ordered Popeyes Famous Fried Chicken to make certain disclosures regarding its alleged use of non-public corporate information before it may buy stock of Church’s Fried Chicken under its $290-million hostile buyout offer. Separately, Church’s board authorized management to explore alternatives to the $8-a-share tender offer. U.S. District Judge Charles Schwartz issued a preliminary injunction ordering New Orleans-based Popeyes, the nation’s No. 3 chicken chain, to reveal the information on which its buyout offer was made and to stop using any confidential Church’s information it might have. San Antonio, Tex.-based Church’s, the nation’s second-largest fried chicken chain, contends that its former chief financial officer took confidential corporate information with him when he was hired by Popeyes and that the chain relied on that information in formulating the takeover bid.