Owner of Bob Evans looking to sell the Ohio-based restaurant chain, reports say [Yahoo! Finance]
Post Holdings, Inc. (POST)
Last post holdings, inc. earnings: 2/6 05:00 pm
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Source: Yahoo! Finance
The chain is exploring a change in ownership and has hired an investment bank named Kroll to aid in overseeing the process, according to multiple reports. Bob Evans is owned by a private equity firm based in San Francisco named Golden Gate Capital, who purchased the chain in 2017 for $565 million. Golden Gate declined to comment on the possible sale, and Bob Evans did not respond to NBC4's request for a statement. National steakhouse to open first central Ohio restaurant in a decade Farmer Bob Evans founded the restaurant concept in 1948 with a 12-stool diner in Gallipolis, Ohio, then expanded in 1962 with a restaurant called “The Sausage Shop.” Today, the chain is headquartered in New Albany and operates more than 435 locations across 18 states, with about 35 restaurants in Ohio. When Golden Gate bought Bob Evans, the private equity firm opted to split the restaurants from the brand's consumer-packaged goods business, Bob Evans Farms, which was then acquired for $1.5 billion
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- Post Holdings (POST) Reports Q2 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Post Holdings Reports Results for the Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Outlook [Yahoo! Finance]Yahoo! Finance
- Post Holdings Reports Results for the Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Outlook [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Post Holdings Reports Results for the Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 OutlookGlobeNewswire
- Bob Evans Brand Seeks 'Replacement Spokesperson,' Offers $35,000 for Best Kitchen Hacks for Busy Households [Yahoo! Finance]Yahoo! Finance
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- 5/2/24 - Beat
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- 5/1/24 - Form 4
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