Bob Evans Farms (BOBE) Declares $7.50 Special Dividend; 11.2% Yield

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Go back to Bob Evans Farms (BOBE) Declares $7.50 Special Dividend; 11.2% Yield

Bob Evans Farms (BOBE) Completes Sale of Restaurants to Golden Gate Capital, Acquisition of Pineland Farms Potato Company; Declares $7.50 Special Dividend

May 1, 2017 8:56 AM EDT

Bob Evans Farms, Inc. (NASDAQ: BOBE) today announced the completion of its previously announced sale of Bob Evans Restaurants to Golden Gate Capital on April 28, 2017, and the completion today of its acquisition of Pineland Farms Potato Company.

The sale of Bob Evans Restaurants and the acquisition of Pineland Farms Potato Company marks the beginning of a new era at Bob Evans Farms in which the Company will focus exclusively on realizing the full potential of its BEF Foods business. BEF Foods is the national market share leader in refrigerated dinner... More