Snack Foods Limited
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High Quality Content by WIKIPEDIA articles!Snack Foods Limited was formerly known as Dollar Sweets Holding Limited until it changed its name on 25 November 1999. Campbell announced its intent to acquire Snack Foods Limited on 4 June 2002, and offered $2.00 per share, acquiring over 90% of the company. Under Australian corporate law, once a company acquires 90% of a public company, it is entitled to acquire the remaining outstanding shares regardless of whether they are tendered into the offer. The total takeover cost approximately $255 million and each shareholder received a dividend of 2.5 cents per share from Snack Foods Limited.…mehr

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High Quality Content by WIKIPEDIA articles!Snack Foods Limited was formerly known as Dollar Sweets Holding Limited until it changed its name on 25 November 1999. Campbell announced its intent to acquire Snack Foods Limited on 4 June 2002, and offered $2.00 per share, acquiring over 90% of the company. Under Australian corporate law, once a company acquires 90% of a public company, it is entitled to acquire the remaining outstanding shares regardless of whether they are tendered into the offer. The total takeover cost approximately $255 million and each shareholder received a dividend of 2.5 cents per share from Snack Foods Limited.