Benihana (BNHN) will go private, agreeing to be acquired by Angelo, Gordon & Co.'s Private...

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

Benihana (BNHN) will go private, agreeing to be acquired by Angelo, Gordon & Co.'s Private Equity Group for ~$296M; the $16.30/share price represents a premium of 46% over the average closing price for the 30 days ended March 13, 2012, when BNHN announced it was exploring strategic alternatives. Trading halted.