Bob Evans offers two board seats to activist investor

Bob Evans offers two board seats to activist investor

Analyst predicts Sandell Asset Management will push for more control at upcoming shareholder meeting

Bob Evans Farms Inc. has offered two board seats to activist investor Sandell Asset Management to stave off a “costly and divisive proxy contest” at this summer’s annual stockholder meeting, according to the company’s preliminary proxy statement.

According to a statement from the company, Bob Evans Farms has made “several good-faith attempts to work with Sandell Asset Management and its affiliates to arrive at a construction settlement,” including t

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