Legends Foods Corporation Signs Letter of Intent to Acquire Mary of Puddin Hill, Inc.
(firmenpresse) - DALLAS, TX -- (Marketwire) -- 08/17/11 -- Legends Foods Corporation (PINKSHEETS: PRMX) announced today that a Letter of Intent (LOI) has been signed with the owners of Mary of Puddin Hill to acquire the iconic company. Mary of Puddin Hill is famous for its line of award winning pecan fruit cakes, pecan pies, brittles and chocolates.
Laurence Briggs, President and CEO of Legends Foods, who is leading the team to build a group of food companies specializing in upscale Texas products, stated, "Mary of Puddin Hill is a great opportunity for our Company. The people there are very devoted and proud of their award winning products. They have built a great reputation for delicious products and their quality brand which is second to none. The 43,000 square foot facility enables considerable growth and expansion into other product lines, particularly those that are contra cyclical to the holiday products, which have built the Puddin Hill exceptional reputation."
Mary of Puddin Hill has a significant following of clientele who are loyal repeat gift customers. Combining Legends Foods new line of products, which will be rolling out in September, with the Puddin Hill () products should enable significant economies and revenue growth in production and marketing.
The stock symbol for Legends Foods Corporation will change from PRMX to LJWY within 30 days of July 19, 2011.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies and the impact of competition. Legends Foods Corporation does not undertake any duty nor does it intend to update the results of these forward-looking statements.
For further information please contact
Laurence Briggs
Investor Relations Contact:
Jack Eversull
The Eversull Group, Inc.
972 571 1624
214 469 2361 fax
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 17.08.2011 - 11:00 Uhr
Sprache: Deutsch
News-ID 1031519
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
DALLAS, TX
Phone:
Kategorie:
Food
Anmerkungen:
Diese Pressemitteilung wurde bisher 198 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Legends Foods Corporation Signs Letter of Intent to Acquire Mary of Puddin Hill, Inc.
"
steht unter der journalistisch-redaktionellen Verantwortung von
Legends Foods Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
