WILBRAHAM MASS. Friendly Ice Cream Corp. agreed June 17 to an acquisition of the company by an affiliate of Sun Capital Partners Inc. for $15.50 per share in cash, or about $337.2 million. â€”The board of directors of Friendly said the offer represents an 8.2-percent premium over the closing price of its stock on June 15, and a 30.9-percent premium over the closing price on March 6, the day before Friendly said it would explore strategic ...
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Contact: Desiree Torres Desiree.Torres@penton.com