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Italian Investment Group buys U.S. toppings maker

Italian Investment Group buys U.S. toppings maker

An Italian private equity firm, Investindustrial, has agreed to purchase Parker Food, a Fort Worth, TX- based toppings maker. This investment will significantly increase their food-business portfolio. Parker Food supplies ingredients such as chocolate drop to the...
USA Truck Acquired by DB Schenker

USA Truck Acquired by DB Schenker

According to a news release, Arkansas-based USA Truck has been acquired by German logistics powerhouse, DB Schenker. DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. Founded in 1983, USA Truck has an approximately...
JetBlue goes hostile to buy Spirit after rejection

JetBlue goes hostile to buy Spirit after rejection

JetBlue goes hostile to buy Spirit Airlines after rejection By Reuters | Rajesh Kumar Singh and David Shepardson | May 16, 2022 After their initial offer was rejected by Spirit Airlines, JetBlue has since launched a hostile all-cash takeover of the rival airline. Just...