Benihana makes sale speculation official

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 o

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.