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Article: Dreyer's Grand Ice Cream to Acquire Silhouette Brands, Inc.
- Article from:
- Business Wire
- Article date:
- July 26, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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...Silhouette Brands has announced that it is expanding distribution of its Skinny Cow handmade ... distributors, including River Valley Distributors, Southern Dairies, and Dreyer's/Edy's. Silhouette has been working with the latter to develop ...
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