AR-News: US - Management offers to buy out Gardenburger
Orville A Knudsen
oak at waste.org
Tue Aug 19 07:48:48 EDT 2003
Management offers to buy out Gardenburger
PORTLAND - Portland-based Gardenburger Incorporated has received a
management offer to take the vegetarian patty maker private for about $4.5
Pattico Incorporated is a newly formed firm run by Gardenburger CEO Scott
Wallace and other management members.
The group offered 50 cents for each Gardenburger share -- an 11 percent
premium to the shares' closing price of 45 cents Monday.
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