Toledo Champion workers uneasy about buyout
Dana Corp plans to acquire Champion Spark Plug Co for 590 million in cash and stock prompting some Toledo workers to fear job losses under new ownership. Analysts note the deal hinges on Champion stock moves and Chinook Partners tendering its shares, while plant productivity could decide future retention.
MENTIONED IN THIS ARTICLE
Toledo
Dana Corp
Champion Spark Plug Co
Champion
Dana
David Kubicki
United Auto Workers International
Kubicki
UAW
William Prebe
Automotive
Wall Street
Timothy Drake
McDonald & Co. Securities
Chinook Partners L.P
Fanny Farmer to Move Headquarters to Cleveland
Fanny Farmer Candy Shops Inc will relocate its corporate headquarters from Wakefield Massachusetts to Cleveland in late summer. Bernard Miller, president and CEO, said the move will consolidate with the company's recently acquired retail operations in Cleveland and improve efficiency and growth potential. The merged group includes Original Cookie Company Hot Sam Companies and Garant Candies.
MENTIONED IN THIS ARTICLE
Wakefield
Mass
Fanny Farmer Candy Shops Inc
Cleveland
Bernard Miller
Fanny Farmer
Michal
Original Cookie Company Inc
Hot Sam Companies Inc
Gporant Candies Inc
Rowntree PLC
Miller
Robert Portman
Original Cookie
Hot Sam Companies
Garant Candies
U.S
Midial
Bernard Millet
Paris
Norwalk
Ohio
Portman
Hot Sam
Gorant Candies
Michigan
Indiana
Pennsylvania
New Jersey
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Toledo Champion
John Arnold
Upton Avenue
Prebe
Dan Jones
Tidde
Federal Reserve Board
OTL
The
American Petroleum Institute
National City Bank
Money Market
National City Corporation
National NK