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Sharpen the knives: Benihana is sold
A former owner of The Inquirer, Daily News and Philly.com is the buyer.
Now that it's gotten out of the Philadelphia news business, private equity fund Angelo, Gordon & Co. has bought Benihana, the Japanese steakhouse chain. There are locations in Pennsauken and Plymouth Meeting.
Benihana announced that it will go private in a $296 million deal.
Flashing knifes, lots of cutting, high heat ...
Sounds about right.