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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 company was founded in 1986 by Tim Kennedy, and their production facilities are located in the U.S. state of Washington. Kennedy began cooking chips in 100% peanut oil, [3] but after being acquired by Pinnacle Foods, the factory switched to substituting cheaper alternatives like corn oil and sunflower oil. Tim's no longer states that they ...
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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 ...
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If an IPO were like a multi-course meal, online restaurant food ordering service GrubHub has opted for an extra course, upsizing its initial public offering of stock to a maximum $178 million from ...
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