Benihana Inc. (BNHN) announced the completion of its acquisition by funds advised by the Private Equity Group of Angelo, Gordon & Co. Earlier today, Benihana's public company stockholders met and overwhelmingly approved the transaction. Each outstanding share of Benihana common stock was acquired for $16.30 per share in cash, valuing the acquisition at approximately $295 million.
The company said it is now a privately-held company and will no longer be listed on the NASDAQ national market.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.