Tag Archives: Bob Evans Farms Spinoff

Bob Evans Will Sell Real Estate, Not Spin It Off

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Now, let me tell you a little bit about Bob Evans(BOBE). This ain’t no Bob’s Broccoli Buffet, this here is a pile your plate high with sausage and go back fer more kind of place.  We reported in March that, despite pressure from Sandell Asset Management, the company would not be spinning off its packaged foods business, and… Read More »

What About Bob? Bob Evans Farms Nixes Spinoff Idea But Will Explore Real Estate Options

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While we are on the topic of Sandell Asset Management, it’s worth noting that firm suffered a setback earlier this month in one of its other major holdings, Bob Evans Farms (BOBE). The restaurant and refrigerated foods company dropped almost 20% after reporting a disappointing quarter and slashing rest of the year guidance due to weakness in its… Read More »