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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 ...
Pinnacle Foods (PF) Q2 performance is to gain from sturdy in-market performance cost-saving initiatives.
Pinnacle Foods' market share gains from its well-planned buyouts. Its cost-saving efforts are also yielding well. However, rising costs and sluggish Specialty segment remain woes.
Stock name Symbol Country of origin Pacific Coast Oil Trust ROYT: US Pacific Drilling S.A. PACD: US Packaging Corporation Of America PKG: US Pall Corporation: PLL: US Pampa Energía S.A. PAM: Argentina: Pandora Media, Inc. P: US Panhandle Oil and Gas Inc PHX: US PAR Technology Corporation: PAR: US Park Electrochemical Corporation: PKE: US ...
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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]
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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 ...