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Recently, Pinnacle Foods held its initial public offering, priced at $20 per share, at the high end of the expected range. The IPO brought in a net $627 million for the company, and the stock has ...
In 2007, Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [3] In 2013, Pinnacle Foods' Parsippany office was named Inc. Magazine's "World's Coolest Office." [4] That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private ...
Pinnacle Foods will release its quarterly report tomorrow, and the stock has made a nice run since coming public in late March. But now that all the IPO hype is behind it, the question is whether ...
Pinnacle Foods (PF) Q2 performance is to gain from sturdy in-market performance cost-saving initiatives.
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Investing.com - Stocks in focus in pre-market trade Wednesday:
On June 30, 2014, it was announced that Pinnacle Foods had scrapped its sale to Hillshire Brands, which would allow Hillshire to be acquired by Tyson Foods.Pinnacle would receive a $163 million payment as part of the breakup from Hillshire, and Pinnacle would also receive an expected $25 million in one-time costs connected to the nixed sale.
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