Industry / Canada
SunOpta Announces Strategic Review
September 2008 | Company News AlertUsually, when a firm announces it is 'conducting a strategic review to enhance shareholder value', it is invariably corporate code to indicate that the business is struggling and looking for a buyer. However, a similar announcement by Canadian organic/natural food group SupOpta seems to imply the opposite, with the firm feeling that the current share price undervalues the company and looking for ways to avoid being taken over on the
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