SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (61996)5/16/2019 7:07:23 AM
From: ekimaa  Read Replies (1) | Respond to of 78666
 
By Micah Maidenberg

B&G Foods Inc. (BGS) said it paid $80 million in cash to purchase Clabber Girl Corp., which producers its namesake baking powder as well as baking soda and corn starch.

B&G said Clabber will add between $70 million and $75 million in sales annually.



To: Elroy who wrote (61996)5/16/2019 9:08:09 AM
From: E_K_S  Respond to of 78666
 
Look at the SEC for 8K filed. I was surprised they did not state their cost in the press release as they got it at a very fair price. FWIW, when I noted that price (at 1x sales), I picked up more shares at $22.03/share. I think downside is small. BGS now in my top 10 holdings (No 10) and will peel off my high cost shares if/when we trade near $30/share.

EKS


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News