FORT LAUDERDALE Fla. Benihana Inc. stockholders on Monday gave the Japanese-themed restaurant company’s management the green light to merge with a subsidiary and issue 12.5 million new shares. The proposed merger was opposed by members of the late Benihana founder Rocky Aoki’s family, which holds about 38 percent of shares in the Benihana of Tokyo trust, and hedge fund Coliseum Capital Management LLC. Both groups said the merger of Miami-based Benihana Inc. into subsidiary BHI ...
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