New Leaf Brands open to sale or merger

by Staff
Share This:

OLD TAPPAN, N.J. — New Leaf Brands, Inc. has announced it is looking into strategic alternatives for the company that might include a sale, merger, joint venture agreement, a sale or spinoff of company assets, a sales of shares or other recapitalization of the company, or possible other options.

“There can be no assurance that the exploration of strategic alternatives will result in any transaction, or that, if completed, any transaction will be on attractive terms,” the company said. “The company does not intend to disclose developments with respect to its strategic review process unless and until its board of directors has approved a specific transaction.”

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.