When it comes to breakfast, Post wants to serve up more than cereal: The company says it’s paying $1.5 B for the Bob Evans packaged food business, partly so it can have a “presence in breakfast sausage.” [More]
Bob Evans Farms Inc.
Bob Evans Selling Off All Restaurants For $565M To Focus On Packaged Foods
By 1.25.17
The house of Bob Evans is about to be divided between the packaged foods business and the company’s restaurant brand: Bob Evans Farms Inc. says it’s decided to sell off its eateries to a private equity firm for $565 million and throw its efforts into selling sausage and side dishes in grocery stores. [More]
