Bob Evans Investor Says Private Equity Wants to Buy Unit

Bob Evans Farms Inc. investor Sandell Asset Management Corp. said a private-equity firm is interested in buying the company’s sausage- and side-dish-making business.

Sandell, which owns about 9.2 percent of Bob Evans, making it the second-largest shareholder, made the announcement in a filing today and didn’t name the private-equity firm. Several investments firms are also interested in Bob Evans’ real estate assets, New York-based Sandell said.