Horizon Organic Holding Corporation Stockholders Approve Acquisition by Dean Foods Company
18 Diciembre 2003 - 11:48AM
PR Newswire (US)
Horizon Organic Holding Corporation Stockholders Approve
Acquisition by Dean Foods Company BOULDER, Colo., Dec. 18
/PRNewswire-FirstCall/ -- Horizon Organic Holding Corporation ,
which markets the leading brand of certified organic foods in the
United States, announced today that its stockholders approved the
pending acquisition by Dean Foods Company. At a special meeting
held today, Horizon Organic's stockholders voted on a proposal to
approve and adopt the Agreement and Plan of Merger that the Company
had entered into with Dean Foods on June 30, 2003. The proposal was
approved by the required number of votes. "We are happy to have
stockholder approval for the acquisition and, having already
received regulatory approval, we are preparing to close this
transaction in early January 2004," said Chuck Marcy, President and
Chief Executive Officer of Horizon Organic. Horizon Organic markets
the leading brand of certified organic foods in the U.S. and the
leading brand of organic milk in both the U.S. and U.K. In the U.S.
its products include organic milk, a full-line of organic dairy
products, organic eggs and juices. In the U.K., the Company markets
organic yogurt, milk and butter under the Rachel's Organic brand.
For more information, please visit the Company's web site at
http://www.horizonorganic.com/. Note on Forward-Looking Statements:
This news release contains forward-looking statements that involve
risks and uncertainties. Future events may differ materially from
those discussed herein, due to a number of factors, including
uncertainties related to the Company's ability to continue to
maintain and expand its brands, avoid adverse publicity, manage its
supply chain efficiently, continue and effectively manage its rapid
growth, and maintain key management, as well as the volatility in
the cost of organic farm products, increased competition, changes
in consumer preferences, and increases in charges under
governmental dairy programs. These factors and others are more
fully discussed in the Company's Annual Report on Form 10-K for the
year ended December 31, 2002. DATASOURCE: Horizon Organic Holding
Corporation CONTACT: Tom Briggs, SVP and Chief Financial Officer,
ext. 230, or Jennifer J. Matuschek, Director of Investor Relations,
ext. 178, both of Horizon Organic Holding Corporation,
+1-303-530-2711 Web site: http://www.horizonorganic.com/
Copyright
Amplify Cash Flow High I... (NASDAQ:HCOW)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Amplify Cash Flow High I... (NASDAQ:HCOW)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024