Bob Evans (BOBE) has sold its Bob Evans Restaurants to Golden Gate Capital for $565 Million. In addition it has acquired Pineland Farms Potato Company. 226 more words
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Golden Gate Capital will acquire the restaurant chain as Darden pursues restructuring while under pressure from activist hedge funds. View this image ‘ Keith Bedford / Reuters / Reuters The Times Square Red Lobster restaurant in New York, June 23, 2010. 6 more words
The house of Bob Evans is about to be divided between the packaged foods business and the company’s restaurant brand: Bob Evans Farms Inc. says it’s decided to sell off its eateries to a private equity firm for $565 million and throw its efforts into selling sausage and side dishes in grocery stores. 164 more words
Activist investor Thomas Sandell’s prolonged battle to push for a shakeup at Bob Evans Farms has finally resulted in a big transaction.
On Tuesday, Bob Evans … 460 more words