Business
Glow Holdings Inc. Announces Signing of Definitive Merger Agreement to Acquire Cedar River Foods LLC
Glow Holdings Inc. Announces Signing of Definitive Merger Agreement to Acquire Cedar River Foods LLC.
About this update from Glow Holdings, Inc.
[{"type":"text","content":"Glow Holdings Inc. Announces Signing of Definitive\nMerger Agreement to Acquire Cedar River Foods LLC\n\n \n\nIrvine, CA, September 4, 2014 - Glow Holdings, Inc.\n(GLOH:PK) announced today that the company signed a definitive agreement to\nmerge Cedar River Foods LLC into a subsidiary of the company, such that Cedar\nRiver Foods’ operations will be a wholly-owned subsidiary of Glow Holdings,\nInc.. RJ Selfridge, managing member of Cedar River Foods, LLC, added, “This is\na major milestone for Glow that is taking its first step in executing its\nstrategic plan, which is to merge and/or acquire operating companies in certain\nbusiness segments in order to attempt to dramatically accelerate growth, and\nfor Cedar River Foods, this is a strategic opportunity to work with Glow and its\nmanagement to execute its business plan and ultimately take Cedar River to the\nnext phase of domestic and international growth.”\n\nGlow Holdings and\nCedar River Foods hope to close the merger within the next two weeks, sometime\nin the middle of September, and will make a further announcement once the\nmerger transaction has closed.\n\nGlow Holdings, Inc. is\na holding company traded on the Current Information tier of OTC Markets, Inc.,\nand it recently announced its “Grow with GLOW” Strategic Business Development\nProgram. Selfridge added, “The key expertise of GLOW management is to identify\nM & A targets that are uniquely poised for fast growth via innovative\nproducts, strategies, and concepts. GLOW\nwill provide critical mass, strategic direction and access to capital to\nfacilitate the growth and success of these targets.”\n\nCedar River Foods, LLC,\nis a food manufacturer based in Seattle, Washington. Cedar River Foods uses innovative,\nproprietary technology and expertise to make unique, delicious food\nproducts. The Ultimate Pancake Sandwich\nis the first product launched by Cedar River Foods, and can be found in grocery\nstores such as Kroger, Thriftway, as well as other specialty retailers. \n\nCedar River Foods is\ncommitted to using only the highest quality ingredients. The Company selects 100% natural sausages,\nreal cheddar cheese, and no artificial colors or additives ever. The products are low in calories and fat,\nwith no trans-fats or GMO ingredients. \n\nAt the closing of the\nme...