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Benihana to be taken private in $296 million deal
Published: 05/22/12 11:13 AM EDT
MIAMI (AP) , Restaurant chain Benihana Inc. has agreed to be taken private in a deal worth about $296 million. Benihana, which serves Japanese food and sushi and has 95 restaurants, had announced in March that it was exploring strategic options, including a potential sale. The company said Tuesday that buyer is Angelo, Gordon and Co.'s Private Equity Group.

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