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. —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 ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.