Sharpen the knives: Benihana is sold

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.