Announcement follows recent board member shakeup
Benihana Inc. officially put itself on the market Thursday, reporting it had hired a financial advisor to pursue a sale of the company, which is parent to three Japanese-themed restaurant chains. Miami-based Benihana, which in July began to explore strategic alternatives, said it had hired Jefferies & Co. as its exclusive financial advisor “in pursuing a sale of the company.” “Although there can be no assurance of any transaction at the end of the process, we expect ...
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