Article: Dreyer's Grand Ice Cream to Acquire Silhouette Brands, Inc.

OAKLAND, Calif. -- Dreyer's Grand Ice Cream Holdings, Inc. ("Dreyer's Holdings") (NNM:DRYR), and Silhouette Brands, Inc. ("Silhouette Brands" or "Silhouette") (Pink Sheets:SIHB) announced today that Silhouette Brands and Dreyer's Grand Ice Cream, Inc. ("Dreyer's") have entered into an agreement for Dreyer's to acquire Silhouette Brands, whose product line consists of frozen ice cream snack products.

Dreyer's and Silhouette Brands have executed a definitive agreement whereby each share of common stock of Silhouette Brands will be converted into the right to receive approximately $4.76 in cash and each share of preferred stock of Silhouette Brands will be converted ...

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