Beatrice Cos. said today it agreed to be acquired by Kohlberg Kravis Roberts & Co. in a deal valued at $5.45 billion.
In a brief statement, Beatrice Cos. said it was postponing a previously scheduled board meeting to discuss Kohlberg Kravis Roberts & Co.'
Beatrice Cos., scheduled to be acquired by a New York investment banking company today, reported
Beatrice Cos., the food giant, said that costs related to its purchase of Esmark Inc. last year
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The rental car company was sold to a group led by Wesray Capital Corp., a privately held investment firm, in a deal valued at about $1.6 billion that was originally announced in April.
Wall Street sources say that directors of the Chicago-based food and consumer products company will consider the $45-a-share offer from Kohlberg Kravis Roberts, the New York-based leveraged buy-out specialist.
The giant food conglomerate reported that it granted "golden parachutes" to 60 of its top executives.
They accepted a $6.2-billion leveraged buy-out by Kohlberg Kravis Roberts & Co., a privately held investment firm.
Food industry giant Borden Inc. agreed Thursday to buy Beatrice Cos.' dairy products business for
Beatrice Cos. said Monday that it has agreed in principle to sell Esmark Inc., the parent company
coatings business of Beatrice Cos. for a cash price of $53.7 million, plus the assumption of certain debt obligations.
After a year of retirement, 66-year-old William W.
Kohlberg Kravis Roberts' offer to buy out Beatrice Cos. might be the beginning of the end of
Beatrice Cos. reported a 30% decline in second-quarter profits but said performances by individual
Beatrice Cos. said today that it plans to sell its Avis Inc. car rental agency and three other
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The marketer of food and consumer products announced that the agreement was with China International Trust & Investment Corp.