Article: Outlook Group Sells Foods Operations.

NEENAH, Wis.--(BUSINESS WIRE)--May 5, 1998--Outlook Group Corp. (NASDAQ/NMS:OUTL) today announced that it completed the previously announced sale of its Outlook Foods operations. The buyer is Lake Country Foods, Inc. Subject to adjustments relating to post-closing confirmation of certain current assets and assumed liabilities, the total purchase price, including cash, assumed liabilities and deferred payments, was approximately $8.6 million. The sale transaction also included other customary terms and conditions.

As a result of the sale, Outlook Group will no longer be engaged in the food processing business. Outlook will continue as a graphic services ...

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