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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 ...
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 ...
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.
Snyder's-Lance acquired Diamond Foods. California Resources had a low stock price, and its low market capitalization ranked it at the bottom of the S&P MidCap 400. [270] February 9, 2016: FNB: FNB Corporation: RCII: Rent-A-Center: F.N.B. acquired Metro Bancorp. [271] February 9, 2016: SFM: Sprouts Farmers Market: SWI: SolarWinds
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