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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 equity Blackstone Group. Shares began trading under the ticker symbol PF on April 4 at the upper range of its ...
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 ...
Branded food manufacturer Pinnacle Foods seems to be faring well after its IPO in March this year. Strong demand for its branded products enabled the food distributor to post a great third quarter ...
Shelf-stable and frozen food purveyor Pinnacle Foods is going to initiate a quarterly regular cash dividend, with the initial payment at $0.18 per share. Having completed its IPO on March 28 and ...
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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.
Pinnacle, which The company's shares were up by 11% over their issue price in after-hours trading, changing hands for $22.20 after hitting the market at $20. Pinnacle Foods Shares Rise on Market Debut
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 ...