Wednesday, March 30, 2016

McCormick to meet with Premier Foods after boosting offer

McCormick & Co. Inc. had to boost its acquisition offer by 25 percent to get a foot in the door with British takeover target Premier Foods plc. But the possible deal’s future is still uncertain after a public back-and-forth. And leadership at Sparks-based McCormick (NYSE: MKC) remains surprised Premier exposed their purchase offer in the first place. Premier announced Wednesday that it was willing to meet with McCormick to review certain financial information. The move is an attempt to convince…



from http://www.bizjournals.com/baltimore/news/2016/03/30/mccormick-to-meet-with-premier-foods-after.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/141965570167

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