McCormick & Co., Inc. (MKC) recently announced that it has abandoned its plans to acquire UK-based Premier Foods, after completing its due diligence review of the food manufacturer. Shares of McCormick declined 2.2% on Apr 13.
McCormick & Co., Inc. (MKC) has announced that it is raising the bid to acquire British food manufacture Premier Foods PLC by 25%, calling on the Premier Foods' board to engage in talks that could lead to a recommended offer.
Shares of McCormick & Co., Inc. (MKC) reached a 52-week high of $96.46 on Mar 24, 2016 and eventually closed at $96.33, possibly on the company's takeover offer for British food manufacture Premier Foods PLC.
Hundreds of thousands of frozen pasta meals were being recalled in Japan on Wednesday after a cockroach was found inside a packet. Nissin Frozen Foods, a unit of instant noodles pioneer Nissin Foods Holdings, is probing "a claim by a customer who spotted something foreign inside a product, and discovered…