This content is from:xinyabo体育

The Morning Brief: Sandell Cuts Bob Evans Stake

Sandell Asset Management sold nearly 83,000 shares of Bob Evans Farms, reducing its stake to 7 percent. In a regulatory filing, the New York activist hedge fund firm headed by Thomas Sandell said it is “disappointed” the restaurant company did not announce a specific plan on its March 2 investor

To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.