Business
Premium Brands Holdings Corporation and a Mi'Kmaq First Nations Coalition Announce the Acquisition of Clearwater Seafoods Incorporated
Premium Brands Holdings Corporation and a Mi'Kmaq First Nations Coalition Announce the Ac...
About this update from Premium Brands Holdings Corporation
[{"type":"text","content":"\n \n \n \n Premium Brands Holdings Corporation and a Mi'Kmaq First Nations Coalition Announce the Acquisition of Clearwater Seafoods Incorporated\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 9, 2020\n \n \n \n \n \n All amounts in Canadian dollars unless otherwise stated\n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE\n \n UNITED STATES\n \n . ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n \n \n \n \n \n Premium Brands and a Mi'kmaq First Nations Coalition\n \n \n \n \n led by Membertou First Nation\n \n \n \n \n to jointly acquire\n \n Clearwater\n \n ,\n \n Atlantic Canada's\n \n largest wild seafood company\n \n \n \n \n \n \n \n Clearwater\n \n shareholders to receive\n \n $8.25\n \n in cash per\n \n Clearwater\n \n common share\n \n \n \n \n \n \n \n Clearwater\n \n to continue to operate as a distinct entity thereby ensuring continuity for its brand, employees and significant community involvement in\n \n Atlantic Canada\n \n \n \n \n \n \n \n Premium Brands to raise\n \n $250 million\n \n of new equity capital by way of a\n \n $200 million\n \n bought deal public offering and a\n \n $50 million\n \n concurrent private placement with CPP Investments\n \n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 9, 2020\n \n /CNW/ - Premium Brands Holdings Corporation (\"Premium Brands\" or the \"Company\") (TSX: PBH) and a coalition of Mi'kmaq First Nations (the \"...