Restaurant chain Benihana (BNHN), working with Jefferies to explore a possible sale, would make...

|About: Benihana Inc. (BNHN)|By:, SA News Editor

Restaurant chain Benihana (BNHN), working with Jefferies to explore a possible sale, would make for the industry’s most expensive takeover above $200M since before the recession, Bloomberg calculates. But BNHN is cheaper than nearly all its peers relative to the cash it generates, and operating margins leave room for improvement under new management.