Word: choy
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Dates: during 1980-1989
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...time and work--everyone put in a lot of time and work," said winner Wanda W. Choy '89. "I'm just happy I was lucky enough...
...since 1889), a bottle of Hunt's All Natural barbecue sauce, a bottle of Seven Seas Viva Italian dressing, a bottle of Formula 409 all-purpose cleaner, a can of Bush's Best whole-kernel golden corn, a can of Shurfine early harvest sweet peas, a can of La Choy meatless chow mein, two jars of Ragu Chunky Gardenstyle 100% Natural spaghetti sauce, a can of Trappey's jalapeno navy beans (flavored with slab bacon), a can of New Orleans French Market chicory coffee, a bag of garlic cloves suspended from the ceiling, a cold box full of sandwich meats...
...shopping spree for consumer-products firms may be only beginning. Investors are already driving up the stock prices of a host of potential targets, including General Mills, Pillsbury and Quaker Oats. Speculation now centers on Beatrice, the Chicago-based producer of Tropicana orange juice and La Choy Chinese food. Beatrice stock jumped 3 1/8 a share last week, to close at 39 1/4. One reason: Unilever is rumored to be eyeing Beatrice after seeing Richardson-Vicks slip away...
...Nestlé-Carnation deal continues a streak of mergers in the competitive food industry. Last month Chicago's Beatrice (Tropicana, La Choy) bought Esmark (Swift, Peter Pan) for $2.8 billion. Two weeks ago, Ralston Purina agreed to acquire ITT's Continental Baking division for $475 million. One reason for the takeovers is that business has turned sluggish as a result of the slowdown in U.S. population growth. Thus the easiest way for food companies to grow is to take over other firms. And as the Carnation purchase indicated, cows that are too contented may find themselves...
...takeover fever that has infected American business continued to burn unabated last week. Beatrice Foods, which owns such brands as Tropicana orange juice, La Choy Oriental food and Swiss Miss chocolate mix, offered $2.8 billion for Esmark, which owns Playtex, Max Factor and Avis. The bid, which Esmark approved, topped by $400 million the offer made only three weeks earlier by the New York investment banking firm of Kohlberg Kravis Roberts, and was $300 million more than Beatrice's earlier...