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  "documentTitle": "Bob Evans Farms, Inc. (BOBE)",
  "authorId": "08_Sandell",
  "authorName": "Sandell Asset Management",
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  "presentationDate": "2013-09-01 00:00:00",
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      "text": "We believe that significant value can be delivered to the shareholders of Bob Evans. If Bob Evans were to pursue Step 1, Step 2, and Step 3, we believe the Company could generate approximately $1.08 billion in proceeds and use 75% of such proceeds to repurchase its shares at $58 per share and be left with a well-positioned, pure-play restaurant company with significant cash on its balance sheet that would likely realize a positive re-rating by the investment community. A potential post-tender stock price of between approximately $73 per share and $84 per share, or an average price of $78.50 per share, could be justified.",
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