Around the Net
Bob Evans Divests Restaurant Unit
- BizJournals, Thursday, January 26, 2017 8 AM
Bob Evans Farms Inc. is splitting its business, selling its iconic restaurant chain to a private equity company while bolstering its remaining food business with another acquisition. Golden Gate Capital will buy the 523-restaurant chain for $565 million. Bob Evans will acquire Pineland Farms Potato Co. for $115 million to boost its portfolio of potato products.
