At least six state investment firms are interested in buying the property assets of restaurant and packaged food company Bob Evans Farms Inc, the Wall Street Journal reported, citing people familiar with the matter. The bidders include Spirit Realty Capital Inc, American Realty Capital Properties Inc, Store Capital and National Retail Properties Inc, the Journal reported. (on.wsj.com/1xnsnuf)Bob Evans shares were down 1 percent at $47.08 in early trading on Thursday on the Nasdaq.Shareholder Sandell Asset Management Corp said in a regulatory filing on Wednesday that it had been contacted by several investment firms interested in buying Bob Evans' real estate assets. (1.usa.gov/1B79bhK)The hedge fund said it had also been contacted by a private equity firm that was interested in discussing a deal for Bob Evans' food products division, BEF Foods.
American Realty Capital Properties, Inc., is a real estate investment trust (REIT). Shares of ARCP fell by 0.82% or $-0.1/share to $12.07. In the past year, the shares have traded as low as $11.76 and as high as $14.96. On average, 10480700 shares of ARCP exchange hands on a given day and today's volume is recorded at 2231846.
Bob Evans Farms, Inc. (Bob Evans) is a full-service restaurant company that operates Bob Evans Restaurants. Shares of BOBE fell by 0.57% or $-0.27/share to $47.26. In the past year, the shares have traded as low as $42.28 and as high as $58.99. On average, 515633 shares of BOBE exchange hands on a given day and today's volume is recorded at 232510.
National Retail Properties, Inc. (NNN) is a fully integrated real estate investment trust (REIT). Shares of NNN fell by 0.75% or $-0.26/share to $34.43. In the past year, the shares have traded as low as $30.01 and as high as $38.04. On average, 1071010 shares of NNN exchange hands on a given day and today's volume is recorded at 139058.
Sarossa Plc is an investment holding and management company. Shares of SRC fell by 0.9% or $-0.1/share to $11.04. In the past year, the shares have traded as low as $9.03 and as high as $12.08. On average, 3264430 shares of SRC exchange hands on a given day and today's volume is recorded at 1108379.
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