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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 ...
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 ...
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 ...
Pinnacle Foods (PF) Q2 performance is to gain from sturdy in-market performance cost-saving initiatives.
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.
A flurry of stock sales by companies points to a likely wave of initial public offerings launching come September, potentially marking the end of a weak market for debuts that has persisted for a ...
Boulder Brands is an American food company based in Boulder, Colorado.It used to be known as Smart Balance. [1] The company traded on the Nasdaq under the symbol BDBD. The company's brands include Smart Balance, Udi's, Glutino, Earth Balance, EVOL and Best Life.
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