Einstein Noah to explore merger or sale possibilities

Einstein Noah to explore merger or sale possibilities

The company announced it is considering strategic alternatives after reporting a near doubling of net income in the first quarter

Einstein Noah Restaurant Group Inc, parent to the Einstein Bros. Bagels, Noah’s New York Bagels and Manhattan Bagel brands, said Thursday it will explore strategic alternatives, including a possible merger or sale.

After reporting a near doubling of net income for the April 3-ended first quarter, Lakewood, Colo.-based Einstein Noah officials said revitalization efforts for the company’s three bagel brands were taking hold.

“Over the past several year

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