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
Tags » Golden Gate Capital
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
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