Bob Evans to sell off restaurants

NEW ALBANY - Bob Evans Farms, Inc is selling off their restaurants to focus on packaged foods.Golden Gate Capital bought Bob Evans Restaurants for $565 million.Bob Evans Farms, Inc bought Pineland Farms Potato Company for $115 million.Both transactions are expected to close at the end of the fiscal year on April 28, 2017.President Mike Townsley of Bob Evans Farms, Inc released the following statement:“Following the closing of the Bob Evans Restaurants transaction, Mike Townsley, President,