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[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 offering, $20 per share, thereby valuing Pinnacle Foods with a market capitalization of $2.3 ...
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments
Stocks poked mostly higher on Thursday as a high-flying 2023 neared an end on Wall Street. The S&P 500 hovered near an all-time closing high of 4,796.56 for the second straight day.The benchmark ...
This optimism reflected in recent market action and the economic consensus serves as the central theme of the latest Yahoo Finance Chartbook, which brings together more than 30 charts from some of ...
In May 2014, Hillshire Brands announced it was buying Pinnacle Foods for US$4.23 billion in a cash and stock deal. Pinnacle Foods brands include Birds Eye, Duncan Hines, Hungry-Man and Swanson frozen TV dinners, among many others. [6] Days later, Pilgrim's Pride threatened the deal with its own bid for Hillshire Brands for $6.4 billion. [7]
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments
Pinnacle Foods has had a successful first day of trading on the stock exchange. The company's shares were up by 11% over their issue price in after-hours trading, changing hands for $22.20 after ...
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