Decision to split divisions boosts Bob Evan’s stock price
January 26, 2017
Shares of Bob Evans Farms rose nearly 21 percent yesterday after the company announced it was selling its chain of restaurants to an affiliate of Golden Gate Capital for $565 million. BEF Foods, which holds about a 50 percent share of the refrigerated mashed potatoes market in the U.S., will continue to operate by Bob Evans Farms.
Recent News
European Commission Readies All Trade Tools Against China
European Commission President Ursula von der Leyen emphasized the EU’s readiness to utilize all available trade tools to safeguard its economies amidst concerns over China’s market practices.
Steward Health Care Files for Bankruptcy Protection
Steward Health Care’s plunge into bankruptcy protection has stirred considerable attention and concern.
Tyson Foods Faces Challenges Amidst Rising Inflation
Tyson Foods Inc. recently saw a significant drop in its shares due to ongoing inflation impacting consumer demand.
Special Offers for National Nurses Week
Nurses play a vital role in healthcare, and their dedication often goes unnoticed. National Nurses Week, spanning from May 6 to 12, aims to acknowledge their hard work.