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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 ...
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 ...
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Gardein (a portmanteau of garden and protein) is a line of meat-free foods produced by Conagra Brands. In 2003, the company was founded by Yves Potvin, who remained as the CEO of Gardein until 2016. [1] In November 2014, Pinnacle Foods purchased Gardein for $154 million. [2] [3] Pinnacle was acquired by Conagra in 2018. [4]
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.
Pinnacle Foods (PF) Q2 performance is to gain from sturdy in-market performance cost-saving initiatives.
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