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Article: Pegasus Capital Advisors Increases Equity Ownership in Hain Pure Protein.
- Article from:
- PR Newswire
- Article date:
- July 6, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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Hain Pure Protein Enters Into Credit Facility Agreement
MELVILLE, N.Y., July 6 /PRNewswire-FirstCall/ -- The Hain Celestial Group, Inc. , a leading natural and organic products company, announced today that it had reached agreement with Pegasus Capital Advisors L.P. under which Pegasus acquired a controlling interest in the Hain Pure Protein joint venture with the issuance of new shares of Hain Pure Protein. As a result, Pegasus will own approximately 51% of the Hain Pure Protein equity, while Hain Celestial will own 49%. In addition, Hain Pure Protein entered into a $30 million credit facility with Wachovia Bank, N.A.
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Article: PET COMPLETES SALE OF HAIN PURE FOOD CO.
PR Newswire;
April 15, 1994 ;
682 words
... ... completed the previously announced sale of Hain Pure Food Co. Inc. to Kineret Acquisition ... Transaction terms were not disclosed. Hain Pure Food Co. Inc. markets Hain brand natural ... both of Pet Inc./ CO: Pet Inc.; Hain Pure Food Co.; Kineret Acquisition Corp ...
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