Dongwon and Starkist make $20 million investment in Silver Bay to acquire 12.5% interest

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Dongwon and Starkist make $20 million investment in Silver Bay to acquire 12.5% interest

SEAFOODNEWS.COM by John Sackton - Nov. 10, 2014

Dongwon Food and Beverage, owners of Starkist Tuna, announced an investment in Silver Bay Seafoods that will give them a 12.5% stake in the company.

US based Starkist is investing $12 million, to secure a 7.5% stake, and Korean based parent Dongwon Food and Beverage is investing $8 million for a 5% stake. These investments value Silver Bay...

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