We represented Bob Evans Farms, Inc. (Nasdaq: BOBE) in its definitive agreement to sell Bob Evans Restaurants to Golden Gate Capital for $565 million plus the assumption of certain net working capital liabilities. Bob Evans Restaurants, which owns and operates more than 500 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast U.S. Bass, Berry & Sims PLC is primary corporate and securities counsel for Bob Evans Farms and served as lead counsel on the deal.
Additional details about the definitive agreement can be outlined in a Law360 article, "Golden Gate Capital Pays $565M For Bob Evans Restaurants" (January 24, 2017).
Bob Evans Farms, Inc. (Nasdaq: BOBE) owns and operates full-service restaurants under the Bob Evans Restaurants brand name. Through its BEF Foods segment, the company is also a leading producer and distributor of refrigerated side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans and Owens brand names.