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Rivals move to hook Clearwater Seafoods after board puts it up for sale [Toronto Globe and Mail (Ontario, Canada)]

Mr. Cooper Group Inc. (COOP) 
Last mr. cooper group inc. earnings: 4/30 07:00 am Check Earnings Report
Rivals move to hook Clearwater Seafoods after board puts it up for sale Colin MacDonald, seen here in 2007, has made it clear he and co-founder John Risley are willing to sell. Paul Darrow/The Globe and Mail Colin MacDonald, seen here in 2007, has made it clear he and co-founder John Risley are willing to sell. A battle for dominance in Canada’s East Coast fisheries is playing out, as rival food companies weigh $450-million-plus bids for Clearwater Seafoods Inc., the country’s largest owner of licences to harvest lobster and shellfish. Clearwater’s board of directors put the Halifax-based company up for sale last week by launching a strategic review after Clearwater “recently received several expressions of interest” from potential buyers, according to a press release. Clearwater’s board said options under consideration include sale of all or part of the company, or a merger. Bidders are expected to include publicly traded Premium Brands Holding Corp., a specialty food producer, an Show less Read more
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