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Seneca Foods Announces Termination of Definitive Agreement With Pacific Coast Producers

2015-05-28 18:11:18| Agriculture - Topix.net

MARION, N.Y., May 28, 2015 -- Seneca Foods Corporation and Pacific Coast Producers announced today that the asset purchase agreement between the two companies has been terminated, and that Pacific Coast Producers will not be acquiring the Modesto, California facility and associated business from Seneca Foods. Both companies received a "second request" letter from the Department of Justice on Tuesday, May 26. In light of the delay associated with the request, both companies agreed that it was in our mutual best interests to terminate the agreement, and focus our efforts on upcoming production season.

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Seneca Foods Announces Termination of Definitive Agreement With Pacific Coast Producers

2015-05-28 18:09:11| Food - Topix.net

MARION, N.Y., May 28, 2015 -- Seneca Foods Corporation and Pacific Coast Producers announced today that the asset purchase agreement between the two companies has been terminated, and that Pacific Coast Producers will not be acquiring the Modesto, California facility and associated business from Seneca Foods. Both companies received a "second request" letter from the Department of Justice on Tuesday, May 26. In light of the delay associated with the request, both companies agreed that it was in our mutual best interests to terminate the agreement, and focus our efforts on upcoming production season.

Tags: agreement coast pacific foods

 
 

Flowers Foods sees mixed Q1

2015-05-28 14:07:42| Agriculture - Topix.net

US baker Flowers Foods booked a mixed first quarter today , with lower sales and operating profit but higher net earnings. were offset by a 9.6% drop in store-brand retail sales.

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New Whole Foods Concept Joins Crowded Grocery Sector

2015-05-28 14:00:00| National Real Estate Investor

Competition in the cutthroat grocery business is heating up even more. Whole Foods Market Inc. announced a new value-oriented concept targeted toward Millennial shoppers, touting it as unlike anything that currently exists in the marketplace. read more

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Flowers Foods sees mixed Q1

2015-05-28 13:52:14| Food - Topix.net

US baker Flowers Foods booked a mixed first quarter today , with lower sales and operating profit but higher net earnings. were offset by a 9.6% drop in store-brand retail sales.

Tags: flowers mixed foods sees

 

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