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Article: IBP completing SEC work before merger.(IBP Inc., Tyson Foods Inc.)(Brief Article)
- Article from:
- Feedstuffs
- Article date:
- March 19, 2001
- Author:
CopyrightCOPYRIGHT 2001 Miller Publishing Company, Inc. 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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Last week, IBP inc. completed most of the work the Securities & Exchange Commission (SEC) ordered in January when it discovered irregularities surrounding IBP's recent fiscal reports, according to an announcement.
The event moves IBP and Tyson Foods Inc. one step closer to completing the two companies' merger in an acquisition by Tyson Foods.
IBP, in an announcement March 13, said it had filed amended disclosure statements at SEC reflecting revisions that were a consequence of the company's investigation of financial issues at its DFG Foods subsidiary. IBP said the revisions were for its fourth-quarter 1999 statement and its four quarterly 2000 ...