Send us Feedback

General Mills (GIS)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

GIS » Topics » GENERAL MILLS TO SELL LLOYDS BUSINESS TO HORMEL FOODS

This excerpt taken from the GIS 8-K filed Mar 22, 2005.

GENERAL MILLS TO SELL LLOYD’S BUSINESS TO HORMEL FOODS

        MINNEAPOLIS, MINN. – General Mills, Inc. (NYSE: GIS) today announced it has reached an agreement to sell its Lloyd’s barbecue business to the Hormel Foods Corporation (NYSE: HRL). General Mills plans to complete the sale during the fourth quarter of fiscal 2005.

        General Mills purchased Lloyd’s in 1999. Lloyd’s produces high-quality refrigerated foods including barbecued ribs and heat-and-eat meats. The business includes one manufacturing facility in St. Paul, Minn., which employs approximately 210 people. Terms of the agreement were not disclosed.




“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding General Mills, Inc.‘s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report or Form 10-K for the most recently ended fiscal year.

XXXX




Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki