Clearwater Seafoods Mulling Sale, Multiple Parties Show Interest
Clearwater Seafoods has initiated a strategic review, which means that the company is moving towards a sale.
“Strategic options may include, but are not limited to, a sale of all or a material portion of Clearwater’s assets, either in one transaction or in a series of transactions, the outright sale of Clearwater, a merger or other transaction involving Clearwater and a third party, joint ventures, licensing arrangements, various financing alternatives or other significant transaction,” the company said in a press release.
The decision to enter the review process stems from the company...
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