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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 ...
The exponential growth of successful IPOs is discussed frequently but seldom the failures of bust IPOs. I believe that Pinnacle Foods is one such Why Pinnacle's Latest Acquisition Isn't That Lucrative
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 ...
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.
On April 23, 2012, Beam announced it would acquire the Pinnacle vodka and Calico Jack rum brands for $600 million. [9] Previous Beam logo Logo until May 2024. In January 2014, Suntory announced a deal to buy Beam Inc. for about $13.6 billion. [10]
The branded food products company announced this morning it has signed an agreement to buy the Wish-Bone and Western salad dressing brands from owner Unilever PLC for a combined purchase Pinnacle ...
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