Lilydale Inc. agrees to be acquired by Sofina Foods for $130 million‎

[CrazyCaper]

Just had a nice bombshell dropped on me this morning. I dial at 11am for a conference call only to find out that we've been sold. Here's hoping for the status quo but I've been part of acquisitions in the past and they can get ugly.

Luckily, I'm the only person in the company who does what I do so here's hoping.

Here's the link:
http://www.google.com/hostednews/can...LEfQ93iDw2hvkQ

[Azure]

Great.

An even bigger corporate company in charge of supplying 'food' to the general population.

[burn_this_city]

The only good to come out of this will be the elimination of the french chef from the commercials.

[mykalberta]

Doesnt look like they have any presence in Alberta so you "should" be safe.

I have been part of 2 major mergers/takeovers with the company I am currently with and both times we were doing the takeovers.