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Strategic Alternatives
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Coveris Introduces New Recovery System
Nov 16, 2017Packaging firm Coveris has introduced a new recovery system, Recoveris, which allows the delamination and separation of label stock from silicone backing paper for reprocessing. The company has deployed the new recovery system at its ...
Tags: Recovery System, Packaging
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Tofutti Brands to Weigh Strategic Alternatives to Run Business
Oct 11, 2016US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
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BRF to Set up Halal Unit for Muslim Markets
Jul 5, 2016Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...
Tags: BRF, Muslim Markets
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Cabela's Still Exploring Divesting World's Foremost Bank
Jun 20, 2016Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
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Report: Bass Pro Partnering with Goldman Sachs on Cabela's Bid
Apr 20, 2016Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
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VF Corp. Exploring Strategic Alternatives for Licensed Sports Group Business
Mar 28, 2016VF Corp. announced that it is exploring strategic alternatives for its Licensed Sports Group (LSG) business, a division of VF’s Imagewear coalition. “As active portfolio managers, we constantly assess the composition of our ...
Tags: VF Corp., LSG, business, Strategic Alternatives
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Solazyme Focuses On Algae Platform To Redefine The Future Of Food
Mar 16, 2016Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
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Cabela's Q4 Tops EPS Expectations
Feb 19, 2016Cabela's Inc. reported that adjusted for certain items, net income in the fourth quarter increased 9.5 percent to $86.8 million, or $1.26 a share, exceeding Wall Street's consensus estimate of $1.21 with the help of cost control ...
Tags: Cabela, Sporting Goods
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Pinnacle Foods to Acquire Boulder Brands for $975m
Nov 27, 2015US-based packaged foods company Pinnacle Foods has entered into an agreement to acquire Boulder Brands for $975m, in a move that signifies the former’s expansion into health and wellness segments. The acquisition is expected to ...
Tags: Pinnacle Foods, refrigerated foods
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ConAgra Plans to Split Company Into Two Separate Businesses for Sustainable Growth
Nov 24, 2015US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable
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Weyerhaeuser Explores Strategic Options for Cellulose Fibers Business
Nov 10, 2015Weyerhaeuser is exploring strategic alternatives for its cellulose fibers business that produces liquid packaging board, absorbent pulp and papergrade pulp. The company is considering various alternatives such as sale or spin-off of the ...
Tags: Weyerhaeuser, liquid packaging, board
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Local DLW Management Filed for Insolvency in Germany
Dec 15, 2014Armstrong World Industries has decided to exit its European flooring business and cease further funding of its DLW subsidiary effective immediately. As a result of this decision, local DLW management filed for insolvency in Germany. ...
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Shareholders Owning 6.3 Percent of Perry Ellis International
Nov 21, 2014Shareholders owning 6.3 percent of Perry Ellis International, Inc.'s outstanding shares took their efforts to break up the apparel and brand management company public late Tuesday by publishing a letter they sent to the company's board of ...
Tags: Perry Ellis, Stockholder, Sporting Goods
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Armstrong Announced That Following Its Assessment of Preliminary Third Quarter Results
Oct 16, 2014Armstrong World Industries announced that following its assessment of preliminary third quarter results and projections for the fourth quarter of the year, it is revising its full year expectations for sales and adjusted EBITDA. The company ...
Tags: Armstrong, Sales, Decoration
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Crocs Hit Reverse Tuesday, Saying It Will Trim Its Product Line, Close Stores
Aug 15, 2014Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods