Notable Mergers and Acquisitions of the Day: BX, AGU/CF, PRIM, C...

Courtesy StreetInsider.com News Articles  Thu, 11/19/2009 - 09:59
  • Blackstone Group's (NYSE: BX) Pinnacle Brands Corp. is expected to acquire Birds Eye Foods for $1.3 billion the Wall Street Journal reported, citing people familiar with the matter.

    Birds Eye Foods is the nation's largest frozen-vegetable company and is majority owned by the private-equity firm Vestar Capital Partners.

    The deal could be announced as soon as Thursday. Bird's Eye, which currently carries $700 million in long-term debt, has a dominant market share in the frozen vegetable market, representing 25 percent...
Tags:

 

Related items

Bye Bye Shamu - SeaWorld & Busch Gardens Sold For...
Anheuser-Busch InBev sold its theme parks, including SeaWorld in Orlando and Busch Gardens in Tampa, to private equity firm Blackstone Group for at least $2.3 billion on Wednesday.

Blackstone Group's 1st-quarter loss narrows
Private equity firm Blackstone Group says its first-quarter loss narrowed as management and advisory fees increased.

Notable Mergers and Acquisitions of the Day 02/05:...
Air Products (NYSE: APD) made an offer to acquire Airgas, Inc. (NYSE: ARG) for $60.00 per share in cash. The offer was made in a letter to Airgas' Board of Directors yesterday after the CEOs...

AT&T 5800 Accessory Handset for 5800 Series Phones
Advanced American Telephones designs and produces the telephone products that millions of people enjoy every day. AT&T's voice quality, product selection, and reliability make these telephone...

Iris USOA447 IRIScan Express 2 Portable Scanner
Scan Anywhere. Get Organized! The IRIScan Express 2 is ultra portable, and backed by a powerful software suite, so you can get things done! Scan your documents, receipts, business cards,...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com