Bob Evans Farms (BOBE) Is Gaining Ground After Board Election

By RTT News, 
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(RTTNews.com) - Sandell Asset Management announced Wednesday morning that, based on preliminary estimates, no less than five of its eight nominees have been elected to the Board of Directors of Bob Evans Farms ( BOBE ). Sandell is one of the largest shareholders of the company.

Bob Evans Farms gapped open sharply higher Wednesday and has continued to rise in early trade. Shares are now up 1.37 at $49.52 and have set a month and a half high.

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