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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: lib who wrote (913)	12/10/1998 11:27:00 PM
From: Skipper	Respond to of 2453

Yogen Fruz holds 12.89 pct Eskimo Pie stake Reuters Story - December 10, 1998 20:00 WASHINGTON, Dec 10 (Reuters) - Yogen Fruz World-Wide Inc said Thursday it held a 12.89 percent stake, or 445,700 common shares, of Eskimo Pie Corp . In a filing with the Securities and Exchange Commission, Yogen Fruz, an Ontario, Canada-based company that franchises chains such as I Can't Believe It's Yogurt and Swensen's Ice Cream, said it bought the shares December 2-9 at prices ranging from $12.9375-$13.375 per share. The largest one-day purchase in that period was 263,500 shares bought in a private transaction on December 4 for $13 a share. Earlier this month, Richmond, Va.-based Eskimo Pie, which invented the ice cream bar that bars its name, said its directors had rejected a sweetened takeover proposal of $13 per share from Yogen Fruz. Eskimo Pie said the unsolicited new offer was inadequate. It also rejected a $10.25 per share offer from Yogen Fruz in November. Yogen Fruz said in its SEC filing it acquired the stock with a view toward acquiring control of, and ultimately the entire equity interest in, Eskimo Pie, and/or effecting a change in Eskimo Pie's board of directors to facilitate the acquisition.