Food Industry
Industry: Email Alert RSS FeedImperial Sugar Co. said last week that a New York investment company has expressed an interest in acquiring the company's outstanding shares for $17 per share
Food & Drink Weekly, May 30, 2005
Imperial Sugar Co. said last week that a New York investment company has expressed an interest in acquiring the company's outstanding shares for $17 per share. Imperial Sugar, which processes and markets refined sugars, said its board will evaluate the offer by Schultze, which is based in Purchase, N.Y.
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Sugar Land-based Imperial markets sugar under the Imperial, Dixie Crystals, Spreckels and Holly brands.
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