In cost cutting moves, Kraft is looking to dump a lot of their brands for the right price.
I hope BGS can convince them to let a non-core brand go for a lot less than they are asking.
That's been the news at KHC. There is too big of a bid and ask spread.
They've been in discussions with interested acquiring parties, but the bidder are putting lower valuations on the brands than KHC, so KHC pulled them off the trading block.
Now that BGS is going to have a bunch of cash, and they are stating they intend to use some of it to refinance and reduce debt, the remainder is to be used for corporate purposes.
I am assuming they just loaded the gun and want to pull the trigger on another acquisition.
Recent BGS News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/09/2024 12:59:37 PM
- B&G Foods Issues Notice of Full Redemption of Remaining 5.25% Senior Notes due 2025 • Business Wire • 09/09/2024 12:50:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 09:45:35 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 04:49:25 PM
- B&G Foods to Participate at the Barclays Global Consumer Staples Conference • Business Wire • 08/28/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:13:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:05:19 PM
- B&G Foods Reports Financial Results for Second Quarter 2024 • Business Wire • 08/06/2024 08:05:00 PM
- B&G Foods Declares Regular Quarterly Dividend • Business Wire • 07/30/2024 09:57:00 PM
- B&G Foods Announces Date of Second Quarter 2024 Earnings Conference Call • Business Wire • 07/17/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2024 12:27:35 PM
- B&G Foods Announces Closing of Tack-on Offering of Senior Secured Notes and Credit Agreement Refinancing • Business Wire • 07/12/2024 08:39:00 PM
- B&G FOODS INTRODUCES THE B&G® PICKLEBALL BAG IN COLLABORATION WITH NYC DESIGNER, MADE BY ALEX • PR Newswire (US) • 07/09/2024 11:00:00 AM
- B&G Foods Announces Pricing and Upsizing of Tack-on Offering of Senior Secured Notes • Business Wire • 06/28/2024 03:11:00 AM
- B&G Foods Announces Proposed Tack-on Offering of $100.0 Million of 8.000% Senior Secured Notes due 2028 • Business Wire • 06/26/2024 12:44:00 PM
- B&G Foods Announced Proposed Credit Agreement Refinancing • Business Wire • 06/18/2024 09:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 09:14:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 08:11:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:53:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:51:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:48:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:46:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:45:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:38:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 12:46:07 PM
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