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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Darden To Sell Red Lobster For $2.1 Billion To Private Equity Firm
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
Bob Evans Selling Off All Restaurants For $565M To Focus On Packaged Foods
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 Forces Bob Evans to Split Company
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
Darden To Sell Red Lobster For $2.1 Billion To Private Equity Firm
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
