Sandell Asset Indicates Plans to Launch Bob Evans Farms (BOBE) Consent Solicitation
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Sandell to Launch Consent Solicitation at Bob Evans Farms, Inc.
October 6, 2016 8:00 AM EDTInvestor Calls for Transparent Process to Maximize Shareholder Value
Sandell to Seek Shareholder Action by Written Consent on Proposal to Separate BEF Foods and Bob Evans Restaurants
Believes Value of BEF Foods May Approach $1.2 Billion, Exceeding Enterprise Value of Entire Company
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), today released the following letter to the Board of Directors (the Board) of Bob Evans noting its intention to conduct a consent solicitation:
October 6, 2016
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