HF Foods Group and B&R Global Holdings Enter Into Merger Agreement
HF Foods Group Inc. (HFFG)
Company Research
Source: GlobeNewswire
GREENSBORO, N.C., June 25, 2019 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ:HFFG) and B&R Global Holdings, Inc. today announced that they have entered into a merger agreement pursuant to which they will combine their operations. Pursuant to the terms of the merger agreement, at the closing of the merger, B&R Global Holdings will merge into HF Foods’s wholly owned subsidiary, resulting in B&R Global Holdings becoming a wholly owned subsidiary of HF Foods. HF Foods will issue approximately 30.7 million of its shares of common stock to the former shareholders of B&R Global Holdings as consideration for the transaction. The closing of the merger is subject to, among other things, the approval of HF Foods’s stockholders. B&R Global Holdings, which began operations in 1999, is a food wholesaler and distributor for Asian restaurants in the United States. It serves approximately 6,800 restaurants in eleven western states. "With this merger, the combined company will be the
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HFFG
News
- HF Foods Group Third Quarter 2024 Earnings: US$0.075 loss per share (vs US$0.035 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- HF Foods Group Inc (HFFG) Q3 2024 Earnings Call Highlights: Strategic Initiatives Amidst ... [Yahoo! Finance]Yahoo! Finance
- HF Foods Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- HF Foods names Felix Lin as interim CEO [Seeking Alpha]Seeking Alpha
- HF Foods Announces CEO TransitionGlobeNewswire
HFFG
Earnings
- 11/12/24 - Miss
HFFG
Sec Filings
- 11/14/24 - Form 8-K/A
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- HFFG's page on the SEC website