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Sandell 'Encouraged' By Bob Evans Farms (BOBE) CEO Recent Comments

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Sandell Encouraged by Recent Comments from CEO of Bob Evans

September 12, 2016 9:01 AM EDT

Investor Calls for Greater Transparency from Company in Order to Refute Skepticism Regarding Process to Create Shareholder Value

Sandell Believes Separation of BEF Foods and Bob Evans Restaurants Segments Could Result in Values between $57 and $66 per Share

NEW YORK--(BUSINESS WIRE)-- Sandell Asset Management Corp. (Sandell), a large and long-time shareholder of Bob Evans Farms, Inc. (Bob Evans or the Company) (NASDAQ: BOBE), today released the following statement:

We are encouraged by recent comments made by Saed Mohseni, the CEO of Bob Evans, in the... More