According to the announcement, the acquisition was funded through a combination of cash on hand and new debt. The new debt consists of a $525 million term loan, due 2020. In making the announcement, Pinnacle reaffirmed its outlook for Wish-Bone to be $0.01-$0.02 accretive to EPS in the fourth quarter of fiscal 2013. In addition, ...
Read More »That was the site of Rozier’s first cupcake shop — a 400-square-foot space he shared with a sandwich bar — that he opened in 2004 after changing careers. Admittedly, he “didn’t have a clue” when he was offered the space. “If I knew what I know now, I wouldn’t have done it,” said Rozier, 44. ...
Read More »This pricing values the company at as much as $260 million. The company expects to receive approximately $205 million from the offering, and intends to use the net proceeds, along with cash on hand, to primarily redeem outstanding indebtedness, Burlington said in a statement. According to the announcement, the shares will be listed on the ...
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Before Teachers Village could attract out-of-state-retailers, its developers thought they needed to look locally.
Read More »Wayne-based Ideavillage Products Corp. announced Friday it named Ron Boger its new president and chief operating officer. The company brings “As Seen On TV” products to market.
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There was never any doubt that it would take a creative plan to redevelop the colossal Bell Labs complex in Holmdel. And just how that plan could look became clearer today, when the developer overseeing the project unveiled its vision for both preserving and reviving the historic property.
Read More »West Orange-based real estate investment firm Paul V. Profeta & Associates announced Wednesday the sale of 12 properties in nine states to Inland Real Estate Acquisitions Inc.
Read More »Fairfield-based retail and commercial lighting company Amerlux announced Tuesday it is moving its corporate and manufacturing base to a 190,000-square-foot facility in Oakland.
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Imagine instead of using your loose change on chips and a soda in the office breakroom vending machine, you could get egg-and-croissant sandwiches, or garden salads and fresh apricots.
Read More »Aramark, the $13.5 billion professional services company, has filed with the U.S. Securities and Exchanges Commission for an initial public offering of its stock.
Read More »The Research & Development Council of New Jersey will recognize more than 12 companies and 30 investors for a range of inventions, spanning from an innovative toothbrush to method that enables charitable donations via text message.
Read More »Elizabeth-based food importer Atalanta Corp. announced today its acquisition of the Primio d'Oro brand from Massachusetts-based Specialty Marketing Group. Financial terms were not disclosed.
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