Miami-Based Benihana Might Get Bought Out
Apparently, though, it might get bought out. RDG Capital has offered the company $150 million in a buy-out offer. The deal includes wiping out the chain's debt. Shares have risen by 8 percent based on the news, reaching a seven-month high. The company has formed a committee to look into the offer and other alternatives.
Benihana was founded in New York City by Hiroaki "Rocky" Aoki, who's also known for fathering one annoying DJ and another, somewhat likable model.