Bob Evans

Bob Evans Farms

Your balanced breakfast may soon come all from the same company.

Bob Evans Farms is being bought by the St. Louis-based food conglomerate, and breakfast behemoth, Post Holdings.

Canadian Pacific/Flickr

Bob Evans, a Central Ohio mainstay known for its "down on the farm" offerings, announced this week  it's selling all of its restaurants to a California-based private equity firm. One analyst says he's not surprised.

Bob Evans restuarant
Simon / Flickr

New Albany-based Bob Evans says it's selling all of its restaurants to a California-based equity firm for $565 million.

Bob Evans To Sell, Lease Back Ohio Headquarters, 2 Plants

May 30, 2015
Bob Evans restuarant
Simon / Flickr

The owner of the Bob Evans restaurant chain is planning to sell its new Ohio headquarters just outside Columbus along with two manufacturing plants.

Bob Evans Farms Inc. says it will then lease back the properties and use the money from the sale for stock buybacks.

Local governments may be competing for businesses and people, as companies like Bob Evans move from Columbus to upper income areas like New Albany. What will the results of this competition be? Should these governments need to compete at all? The Mid-Ohio Regional Planning Commission (MORPC) will be holding a State of the Region Luncheon today, April 21, focused on how "Transportation means Business," with keynote speaker Jerry Wray, director of ODOT. Guests: