Sue's Blog

Monday, July 30, 2007

News Break FPI FPI FPI

Looks like the FPI deal may be further off than thought. The company has just issued a News Release postponing the annual and special meeting of shareholders to seek approval for the sale of assets to Ocean Choice and Highliner Foods from August - 07 to an unspecified date before October 31-07.

The most interesting sentence in this Release is:

"Negotiations between FPI and these two companies are ongoing, and there is no certainty that definitive agreements and transactions will result."

CLICK HERE FOR THE NEWS RELEASE

ATTENTION POLITICIANS - TIME TO COME OFF THE BBQ CIRCUIT...MAYBE IT'S JUST GOING HAPPEN IN THE MIDDLE OF THE ELECTION.

No comments: