Sandell Asset Management blasts away at Bob Evans Farms

|About: Bob Evans Farms, Inc. (BOBE)|By:, SA News Editor

Sandell Asset Management isn't cutting Bob Evans Farms (BOBE) any breaks over the recent actions by the board including rejecting nominees from Sandell.

In an open letter, Sandell blasts management for working to "entrench themselves" at the expense of shareholders.

Sandell would like to see a new investment bank come in to advise the restaurant operator on its strategic options.