Clearwater Seafoods Acquired By Premium Brands, Mi'Kmaq First Nations Coalition
In early March Clearwater Seafoods announced that they were considering selling the company, and had received interest from several potential buyers. Fast forward eight months and the Canadian company has struck a billion-dollar deal to sell to a partnership between Premium Brands and a coalition of Mi'Kmaq First nations.
According to a press release sent out by Clearwater, the company entered into a definitive arrangement agreement with FNC Holdings Limited Partnership, which represents the coalition of Mi'Kmaq First Nations and Premium brands Holdings Corporation...
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