To maximize shareowner value, Cadbury Schweppes is evaluating options for the intended separation of its confectionery and Americas Beverages businesses.
Welch's determined that its internal IT staff was needed to implement and support a new Oracle ERP solution, leaving insufficient resources to maintain and support its existing Electronic Data Interchange (EDI) system.
Avery Dennison Corporation will acquire all outstanding shares of Paxar Corporation for $30.50 per share in a cash transaction valued at approximately $1.34 billion.
As part of strategic efforts to reduce the production of fresh, commodity chicken, Tyson Foods Inc. plans to sell its poultry plants in Ashland and Gadsden, Ala., to Koch Foods Incorporated.