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BUSINESS
May 22, 2012 | By Tiffany Hsu
Benihana Inc., the Japanese-style and sushi restaurant company known for slicing, dicing and frying food in front of diners, will be sold to a private equity group for $296 million. Angelo, Gordon & Co. plans to pay Benihana shareholders $16.30 per share in cash in a transaction that's been approved by the Miami-based chain's board. But Benihana shareholders must also approve the acquisition. That's a premium of 46% over the average closing price for the 30 days before March 13, when Benihana first said it was exploring strategic alternatives for its business.
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BUSINESS
May 23, 2012 | By Tiffany Hsu, Los Angeles Times
Benihana Inc., the Japanese-style and sushi restaurant chain known for slicing, dicing and frying food in front of diners, has accepted an offer to be sold to a private equity group for $296 million. Angelo, Gordon & Co. plans to pay Benihana shareholders $16.30 a share in cash in a transaction that's been approved by the Miami-based chain's board. Benihana shareholders must also approve the acquisition. The price is a premium of 46% over the average closing price for the 30 days before March 13, when Benihana first said it was exploring strategic alternatives for its business.
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BUSINESS
May 23, 2012 | By Tiffany Hsu, Los Angeles Times
Benihana Inc., the Japanese-style and sushi restaurant chain known for slicing, dicing and frying food in front of diners, has accepted an offer to be sold to a private equity group for $296 million. Angelo, Gordon & Co. plans to pay Benihana shareholders $16.30 a share in cash in a transaction that's been approved by the Miami-based chain's board. Benihana shareholders must also approve the acquisition. The price is a premium of 46% over the average closing price for the 30 days before March 13, when Benihana first said it was exploring strategic alternatives for its business.
BUSINESS
May 22, 2012 | By Tiffany Hsu
Benihana Inc., the Japanese-style and sushi restaurant company known for slicing, dicing and frying food in front of diners, will be sold to a private equity group for $296 million. Angelo, Gordon & Co. plans to pay Benihana shareholders $16.30 per share in cash in a transaction that's been approved by the Miami-based chain's board. But Benihana shareholders must also approve the acquisition. That's a premium of 46% over the average closing price for the 30 days before March 13, when Benihana first said it was exploring strategic alternatives for its business.
NATIONAL
January 13, 2006 | From Times Wire Reports
A shrimp a hibachi chef tossed at a man eating at a Japanese steakhouse ultimately led to the diner's death, his family claims in a $10-million wrongful death lawsuit against the restaurant chain Benihana. Jerry Colaitis wrenched his neck when he ducked to avoid the shrimp in the chain's Munsey Park restaurant, lawyer Andre Ferenzo said in opening statements in Mineola.
REAL ESTATE
June 28, 1987
Chitaka International of America has purchased The Enclave apartment complex at 7917 Selma Ave., Hollywood, for $7.4 million. The 74-unit project was completed last year. The sellers were a partnership of Harlon West and JMB Development Co., according to Bank of America's Investment Real Estate Group, advisers to Chitaka on the purchase. Chitaka, a subsidiary of Chitaka International Foods Co. of Japan, also owns the Benihana of Tokyo restaurant in Beverly Hills.
NEWS
May 5, 1985 | STEVE HARVEY, Times Staff Writer
The U.S. balloon Benihana shot into space in the most spectacular liftoff of the Gordon Bennett International Cup race Saturday, the only problem being that no one was aboard. Crew members George Hahn and Milt Clark were hanging from ropes over the gondola, trying to keep the helium craft on the ground, but they dropped off as it rose. Then, like a horse without a jockey, the stubborn white balloon took off on a race of its own, landing about two hours later.
ENTERTAINMENT
September 13, 2001 | ALLISON B. COHEN, SPECIAL TO THE TIMES
Mothers can be such fuddy-duddies. It's fun to play with your food. Check out these edible excursions where presentation, discovery and hands-on fun add to the savory experience. Thursday When Rocky Aoki founded the first Benihana in New York 37 years ago, it was a four-table hole-in-the-wall near Broadway. His concept was simple: Fuse the Japanese custom of women preparing meals at the table with American showmanship.
BUSINESS
June 25, 1998 | From Times Staff and Wire Reports
A former Cruttenden & Co. stockbroker pleaded guilty Wednesday to receiving gifts, including a $50,000 Jaguar luxury car, from Spectrum Information Technologies in return for helping the wireless data company manipulate its stock price. Federal prosecutors said Reagan Richmond, 34, of Tustin conspired to manipulate Spectrum stock from 1992 to 1994 while working as a broker at Irvine-based Cruttenden, now known as Cruttenden Roth, and at Regency Capital Group Inc. in Glendale.
ENTERTAINMENT
December 19, 2010
UNDERRATED Special holiday episodes: Yes, they can be horribly contrived and about as subtle as a Christmas tree falling into your living room, but the season can bring about some pretty memorable holiday twists. "Seinfeld's" rise of "Festivus," "The Office" goes to Benihana and "Community's" sweetly twisted dip into stop-motion animation are just a few entries in the canon, and who could forget that it was a holiday short that first brought us "South Park"? Spoon: As the avalanche of year-end best-of lists pile up, it will be interesting to see who remembers this Austin, Texas-based band, which might've released its strongest album yet in the dark but immediately catchy "Transference.
ENTERTAINMENT
December 19, 2010
UNDERRATED Special holiday episodes: Yes, they can be horribly contrived and about as subtle as a Christmas tree falling into your living room, but the season can bring about some pretty memorable holiday twists. "Seinfeld's" rise of "Festivus," "The Office" goes to Benihana and "Community's" sweetly twisted dip into stop-motion animation are just a few entries in the canon, and who could forget that it was a holiday short that first brought us "South Park"? Spoon: As the avalanche of year-end best-of lists pile up, it will be interesting to see who remembers this Austin, Texas-based band, which might've released its strongest album yet in the dark but immediately catchy "Transference.
CALIFORNIA | LOCAL
July 12, 2008 | From Times Staff and Wire Services
Rocky Aoki, the colorful Tokyo-born founder of the Benihana steakhouse chain, where chefs entertain diners with acrobatic knife performances, has died. He was 69. Aoki died Thursday in New York City, according to media reports. No cause of death was given. Aoki suffered from diabetes and cirrhosis of the liver as well as hepatitis C that he said was contracted from a blood transfusion.
NATIONAL
January 13, 2006 | From Times Wire Reports
A shrimp a hibachi chef tossed at a man eating at a Japanese steakhouse ultimately led to the diner's death, his family claims in a $10-million wrongful death lawsuit against the restaurant chain Benihana. Jerry Colaitis wrenched his neck when he ducked to avoid the shrimp in the chain's Munsey Park restaurant, lawyer Andre Ferenzo said in opening statements in Mineola.
NEWS
May 8, 2003 | Carolyn Patricia Scott
She's pursuing a doctorate in business -- GPA: 3.97. On the court, she and her Sparks teammates have won back-to-back WNBA championships. Their goal is a three-peat. The team is prepped to follow in the footsteps of its Los Angeles counterpart, the Lakers. First the food Friday nights, it's time to relax, have a meal, maybe catch a movie. Now let's start with my all-time favorite restaurant. That would be Lawry's -- the prime rib, corn, the potatoes -- now that's great.
ENTERTAINMENT
November 3, 2002 | Agustin Gurza, Times Staff Writer
Carlos Santana doesn't always act like a spiritualist rock star who communicates with angels to help him inspire humanity through his music. Sometimes he lets the mundane irritations of life get to him too. A moment ago, he was bristling about the pressures of having his large family show up for his concert at the Chronicle Pavilion east of San Francisco, his first hometown appearance in two years. Siblings and nieces and cousins and their spouses, all clamoring to get in.
NEWS
April 18, 2002 | MARTIN BOOE, SPECIAL TO THE TIMES
Tuna Town is a new Huntington Beach restaurant owned by Korn drummer David Silvera and his wife, Shannon. Depending on your musical tastes--or, more likely, your age--this detail of ownership will rate as either highly significant or mildly confusing. I happened to know that Korn is a popular rock band, and I have now learned that they got together in Huntington Beach, but, personally, I wouldn't recognize one of their songs if you played it at my wedding.
NEWS
May 8, 2003 | Carolyn Patricia Scott
She's pursuing a doctorate in business -- GPA: 3.97. On the court, she and her Sparks teammates have won back-to-back WNBA championships. Their goal is a three-peat. The team is prepped to follow in the footsteps of its Los Angeles counterpart, the Lakers. First the food Friday nights, it's time to relax, have a meal, maybe catch a movie. Now let's start with my all-time favorite restaurant. That would be Lawry's -- the prime rib, corn, the potatoes -- now that's great.
ENTERTAINMENT
November 3, 2002 | Agustin Gurza, Times Staff Writer
Carlos Santana doesn't always act like a spiritualist rock star who communicates with angels to help him inspire humanity through his music. Sometimes he lets the mundane irritations of life get to him too. A moment ago, he was bristling about the pressures of having his large family show up for his concert at the Chronicle Pavilion east of San Francisco, his first hometown appearance in two years. Siblings and nieces and cousins and their spouses, all clamoring to get in.
ENTERTAINMENT
September 13, 2001 | ALLISON B. COHEN, SPECIAL TO THE TIMES
Mothers can be such fuddy-duddies. It's fun to play with your food. Check out these edible excursions where presentation, discovery and hands-on fun add to the savory experience. Thursday When Rocky Aoki founded the first Benihana in New York 37 years ago, it was a four-table hole-in-the-wall near Broadway. His concept was simple: Fuse the Japanese custom of women preparing meals at the table with American showmanship.
BUSINESS
March 9, 2000 | Bloomberg News
Rocky Aoki, founder of the Benihana Japanese restaurant chain, was sentenced to three years of probation and fined $500,000 for illegally profiting from a 1993 tip that Spectrum Information Technologies Inc. was about to hire former Apple Computer Inc. chief John Sculley. The restaurateur was charged in 1998 with insider trading by the U.S. attorney in Brooklyn, N.Y.
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