Angelo, Gordon & Co. Private Equity Group has agreed to acquire the company
Benihana Inc. said Tuesday it has agreed to go private in a $296 million deal with the New York-based Angelo, Gordon & Co. Private Equity Group. Angelo Gordon agreed to acquire Miami-based Benihana's common stock for $16.30 per share in cash, a 22.6-percent premium over Monday’s close of $13.30 per share. Benihana’s shares had traded between $6.76 and $16.59 in the past 52 weeks. The company had announced in mid-March that it was looking at strategic alternatives, including a ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?