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Special Committee
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Pilgrim's Pride to Buy UK Poultry Processor Moy Park From JBS for $1.3bn
Sep 13, 2017Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
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Iconix Posts Steep Q4 Loss After Writeoffs
Mar 30, 2016Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
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SunOpta Sells Minerals Business to Focus on Food Distribution
Feb 17, 2016Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
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Nestle Plans to Acquire Remaining Stake in Israeli Food Producer Osem
Feb 14, 2016Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
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Nigerian Presidency Constituted a Special Committee to Resuscitate Cotton and Industry
Jul 17, 2015The Nigerian presidency has constituted a special committee to resuscitate the country’s ailing cotton and textile industry, according to newspaper reports in the country. The direction is in line with the campaign promises of ...
Tags: textile manufacture, garment, ailing cotton
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AASHTO Approved 1,253 Miles of New USBRS
Dec 17, 2014The American Association of State Highway and Transportation Officials (AASHTO) has approved 1,253 miles of new U.S. Bicycle Routes (USBRs), according to the Adventure Cycling Association, which has been working with the standards setting ...
Tags: Bicycle Routes, map, Sporting Goods
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Perry Ellis International Reported Sales Declined 5.3 Percent
Nov 21, 2014Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
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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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Alvopetro Inc. Closed a Transaction with Petrominerales Ltd to Sell Its 25% Interest
Nov 25, 2013Alvopetro Inc. ("Alvopetro" or the "Company") announces that it has closed a transaction with Petrominerales Ltd. ("Petrominerales") to sell its 25 percent interest in 10 exploration blocks located in the Reconcavo Basin and three marginal ...
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MGP Ingredients Concluded Previously Review of The Company's Strategic Alternatives
Nov 12, 2013MGP Ingredients, Inc. (Nasdaq:MGPI) (the "Company") today announced that the Special Committee of MGP's Board of Directors (the "Special Committee") has concluded its previously announced review of the Company's strategic alternatives. ...
Tags: MGP, strategic alternative, review
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The Ontario Trucking Association Is Urging The MTO to Reestablish a Special Committee
Oct 23, 2013The Ontario Trucking Association is urging the provincial Ministry of Transportation (MTO) to reestablish a special committee dedicated to finding ways to encourage faster clean-up of highway collisions and get traffic in vital GTA ...
Tags: Truck, Transportation, Auto
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Dole Food Company Announces That 'iss ',a Leading Proxy Advisory Firm
Oct 22, 2013Dole Food Company, Inc. today announced that Institutional Shareholder Services (“ISS”), a leading proxy advisory firm, issued its report recommending that Dole shareholders support its previously announced merger agreement with ...
Tags: Dole Food, Pending Transaction
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Buying of Apparel Retailer Rue21 Is Completed by Apax Partners
Oct 14, 2013rue21, inc., a leading specialty apparel retailer of girls and guys apparel and accessories, and Apax Partners, a global private equity firm, announced the completion of the acquisition of rue21 by funds advised by Apax Partners for $42.00 ...
Tags: Apax Partners, Apparel Retailer
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BlackBerry Has Agreed to a US$4.7bn Takeover Bid
Sep 24, 2013Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
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Dell Shareholders Approved Chairman and CEO Michael Dell's $24.9bn Buy out Offer
Sep 16, 2013The transaction will end the PC maker’s 25-year stint as public company Share holders of Dell have approved chairman and CEO Michael Dell's $24.9bn buy out offer, in partnership with investment firm Silver Lake Partners, as part of ...