We represented Bob Evans Farms, Inc. (NASDAQ: BOBE) in the sale of Bob Evans Restaurants to Golden Gate Capital for $565 million plus the assumption of certain net working capital liabilities. Bob Evans Restaurants, 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 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.