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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 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 ...
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 ...
This year's IPO market will be a tough act to follow. More than 1,000 companies tap. The IPO market is known for boom-bust cycles, but the past year represents a break with that pattern in many ...
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In 2013 Boulder Brands acquired gluten-free Davies Bakery in the UK [2] The company announced plans to discontinue the Bestlife spread and Smart Balance Butter Blend categories in 2013. [ 2 ] In November 2015, Pinnacle Foods announced it would be acquiring Boulder Brands for around $710 million, as part of the company’s strategy to expand its ...