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Article: Who's buying Ben & Jerry's?(Brief Article)
- Article from:
- Ice Cream Reporter
- Article date:
- December 20, 1999
CopyrightCOPYRIGHT 1999 Ice Cream Reporter. 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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A series of "indications of interest" in acquiring their company has put Ben & Jerry's co-founders Ben Cohen and Jerry Greenfield in what appears to be a punishing situation. The offers being made raise the value of the company's stock substantially higher than it has been for a long time. This would be good news for shareholders if Cohen and Greenfield were to accept one of the offers. But can Cohen and Greenfield, recognized leaders in the movement to create capitalism with a human face, approve a sale that, while great for the bottom line, might lead to the demise of the company's ground-breaking social agenda? And if they reject this opportunity to increase the ...