MIAMI Benihana Inc.’s stock price rose 8.8 percent Tuesday after the New York Post reported that an investor had made an offer to take the Japanese-themed restaurant company private. The Post reported Tuesday morning that Russell Glass, manager of RDG Capital LLC of New York, and his private equity partners had made an offer of $7 per share, which would peg Benihana’s value at $107.8 million based on its latest number of outstanding shares.The stock closed Tuesday at $6.40 a share, up from ...
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Contact: Desiree Torres Desiree.Torres@penton.com