NEW ALBANY, Ohio, Aug. 6, 2014 (GLOBE NEWSWIRE) -- Bob Evans Farms, Inc., (Nasdaq:BOBE) today mailed a letter from its Board of Directors to the Company's stockholders, discussing the "unsustainable economic agenda" and "non-substantive operational suggestions" put forward by Sandell Asset Management, which is attempting to turn over control of the Company at the Bob Evans 2014 Annual Meeting on August 20th. The letter stated that the "Board, after careful analysis, has determined that the Sandell agenda would jeopardize long-term sustainable value creation at Bob Evans and that it is NOT in the best interests of the Company or its stockholders."
Bob Evans Board Describes Sandell Economic Agenda As "Unsustainable" And Operational Suggestions As "Non-Substantive"
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