Pillsbury eyes Green Giant in $165 million deal
Pillsbury plans to acquire Green Giant, maker of Jolly Green Giant vegetables, in a move to gain frozen foods space. Analysts say the deal would boost Pillsbury to the eighth or ninth largest U.S. food firm, expanding microwave and boil-in-bag lines and leveraging Green Giant marketing expertise.
MENTIONED IN THIS ARTICLE
St, Paul, Minn
Green Giant Co
Green Giant
Little Sprout
Pillsbury Co
Pillsbury
America
Pylsbury
Craig Carver
Piper, Jaffray and Hopwood
Minneapolis
Pillsbury Green Giant deal eyed by antitrust officials
Wallin says no product overlap will ease regulatory scrutiny as DOJ antitrust chief Poole reviews the Pillsbury Green Giant acquisition. Analysts note restaurant growth and balance with packaged foods influence the deal, with Green Giant likely to remain distinct under new structure and leader Thomas Wyman viewed as crucial to the turnaround.
MENTIONED IN THIS ARTICLE
John Poole
Justice Department
Antitrust Division
Pillsbury
Green Giant
Burger King
Steak and Ale
Bennigan’s
Hoffman House
le Chateau
Thomas Wyman
Walkin
Wyman
European Monitory System aims for nine nation unity
The European Common Market plans a new monetary system to bind nine currencies in a tight band, create an ECU accounting unit, and use a fund to support weaker currencies. Spain Portugal and Greece expected to join within five years, with EMS in place by then. Washington undecided on US stance amid dollar influence concerns.
MENTIONED IN THIS ARTICLE
European Common Market
France
West Germany
Britain
Italy
Holland
Belgium
Denmark
Ireland
Luxembourg
Brussels
United States
EMS
Washington
U.S
Europe
Deutschemark
Germany
Ialy
Spain
Portugal
Greece
Currency Union
EMU
Roy Jenkins
Jenkins
Helmut Schmidt
Valery Giscard de’Estaing
Schmidt
Carter flunks economics test in New Orleans report
New York AP reports business economists at their annual meeting in New Orleans graded President Carter's economic policy and conduct as poor or failing on five major areas. They cited uncertainty about the future and criticized his administration for weak responses to economic problems.
MENTIONED IN THIS ARTICLE
New York
Carter
New Orleans
Albert Matamoros
Armstrong Cork
National Association of Economists
Association
Market stalls as inflation fight lingers in markets
The stock market moved little with the Dow up 0.52 to 862.87 in early trading as gains and losses balanced. Government data show consumer prices rose 0.6 percent last month, signaling ongoing inflation moderation but not a breakthrough, while bond banks raised prime lending rates to 9.54 percent, fanning rate pressures.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Dow Jones
NYSE
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Pillsbury Eyes
Winston Wallin
Wallin
Chrysler Corp
Lynch Road
Detroit
R. C. Longworth
Chicago Tribune
Giscard
Tracton
Richard Demby
TLING
Demby
Elna Board of Realtors
Demby Real Estate
Middle Ave
Elyna
Mid-Ohio Securities Corp
Elyria
Ohio
Natinal Association of Securities
Biya
John Cunniff
Matamoros
Armstrong
CAU
Torsin
Cueve
Onevam
J.C. Insurance Bonding Agency Aan
Reem
Alvria, Owio
Columbus
UPI
Northeast
Northwest
Ohia
Central Ohio
Cincinnati
Chicago
Phila Electad
Polaroid
Phillips Pet
Ally Power
Prem li
Allied Chemical
Procter Gamble
RCA Co
Alena
Rep Steel
Ay Amaxi
Td Rey Ind
Ant Airtites
Teyn Metals
Am Brand
Rockwell
Rohm
Sit Am Cyanta
Cleo
Ara el Power
Rubbermaid
Sears
Ararta
Sid Oi Cal
Sperry Rand
Enc
Basle Tn
Sid Gal Ind
Ce Bell Howell
Nero Ak
Bethlehem Steel
Texaco Am Ne Books
Tymken
Boeing
Trans World Air
Borg Warner
UAL Inc BO
Uniroyal Gidle Nh
UtBrand
US Steel
Coca Cola
Upjohn
Ind
Colgate
Columbia Gas
Western Union
Con Fedison
Westinghouse Elect
Westve
Wey
Pitt Steel
Uta
Hoolwarty
Eastern Air
Xerox Corp
Eastman Kolak
Zenith Radio
Exxon
Evans
Smith Ca
Pierre
Firestone
American Maching & Foundry
Kid Ford Motor
Wu American Standard American Ship Building
Ibeam Aa
Gen Electric
Gen Motors
CPC International
Dart Ind
Goodyear
Emerson
A&p
Freebaul
Hound
Honna
Hershey
Inco Lid Fonds
Lear Stegler
Peonto
Micc Invest
Melsen
Ac Co
Charles FrChka Ae
American Express
Blecayne
Eatonfordkthdt
Eatorline
Gordon Jewelry
King Radio
Unk TS
Cal
Mutuals
Anite Pa Mutu
Nes Fidel
Puritan
John “Bond Na
Ani Vale
Arnad
Ivest NL
Wellington
Var
Harold R. Rorick
Tne
Harold Rorick
Lone St
Lorain
Oberin
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