Corporate Governance

VF Corporation completes the sale of its global intimate apparel business to Fruit of the Loom Inc., a subsidiary of Berkshire Hathaway Inc. Proceeds of the sale will consist of the previously disclosed $350 million purchase price, plus adjustment for working capital changes.

Circuit City Stores strengthens its IT infrastructure using IBM at more than 600 Circuit City superstores.

According to the Associated Press, Techtronic Industries Co. Ltd. (TTI) will close Hoover's main campus in North Canton, Ohio, and some manufacturing operations of the vacuum-cleaner business by fall, resulting in 750 job cuts.

Smithfield Packing taps John Galt Solutions for forecast and plan production within Smithfield Packing's packaged meats division.

On Monday, April 2, 2007, Kraft Foods Inc. Chairman and CEO Irene Rosenfeld joined 11 Kraft employees from around the world to ring The Opening Bell at the New York Stock Exchange, marking the company's first day of trading as a fully independent company.

Dean Foods Company announces that Debbie Carosella joins the company as senior vice president, Innovation, overseeing innovation strategies and initiatives for Dean Dairy Group and WhiteWave Foods.

Workbrain Corporation reaches a definitive agreement with Infor Global Solutions European Finance, S.A.R.L. (Infor) under which Infor will acquire all of Workbrain's outstanding common shares at a price of $12.50 per share in cash pursuant to a statutory plan of arrangement.

BP deploys a global POS system from Retalix.