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Decision to split divisions boosts Bob Evan’s stock price

USA Today 01/26/2017

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.

 

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