Bob Evans Farms Inc. (BOBE) announced after the bell Thursday that its Board of Directors has authorized the Company to explore a strategic transaction for a portion of its restaurant properties.
Bob Evans Farms gapped up sharply Friday, but gave back some ground in early trade, before settling into a range. Shares finished with a gain of 1.34 at $47.44 on above average volume. The stock jumped to a 2-week high.
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