Family-owned Tropical Cheese is exploring a sale, sources say [Yahoo! Finance Canada]
Altamira Therapeutics Ltd. - Common Shares (CYTO)
Company Research
Source: Yahoo! Finance Canada
By Abigail Summerville NEW YORK (Reuters) - The family behind Tropical Cheese Industries is exploring a sale of the Hispanic dairy products maker that could value it at over $500 million, according to people familiar with the matter. Tropical Cheese, based in Perth Amboy, New Jersey, is working with investment bank Rothschild and Co to solicit acquisition offers, the sources said, requesting anonymity as the matter is confidential. Tropical Cheese and Rothschild declined to comment. The dairy products distributor expects to generate nearly $50 million of earnings before interest, taxes, depreciation and amortization in 2024, the sources said. Tropical Cheese was launched in 1982 by Hispanic businessman Rafael Mendez who moved from Cuba to the U.S. when he was 17 years old and eventually settled in Perth Amboy where he worked as a milk delivery man. While Mendez started out by catering to Latino and Hispanic households and communities in New Jersey, Tropical Cheese has sin
Show less
Read more
Impact Snapshot
Event Time:
CYTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CYTO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CYTO alerts
High impacting Altamira Therapeutics Ltd. - Common Shares news events
Weekly update
A roundup of the hottest topics
CYTO
News
- Altamira Therapeutics receives Nasdaq non-compliance letter [Seeking Alpha]Seeking Alpha
- Altamira Therapeutics Provides Update on Nasdaq ListingGlobeNewswire
- Altamira Therapeutics Announces Extended ISO 13485 Quality Management System Certification for Bentrio Nasal SprayGlobeNewswire
- Altamira Therapeutics Provides Business Update and First Half 2024 Financial ResultsGlobeNewswire
- Nuance Pharma Announces Expansion of Bentrio License and Distribution Agreement with Altamira Therapeutics in East and South East Asia [Yahoo! Finance]Yahoo! Finance
CYTO
Sec Filings
- 11/14/24 - Form SC
- 10/4/24 - Form 6-K
- 9/24/24 - Form 6-K
- CYTO's page on the SEC website