Advertisement

Pet Food News
on March 18, 2010

Menu Foods looks at its financial options

Menu Foods Income Fund said it is in the process of evaluating financial alternatives to maximize unitholder value.

Menu Foods Income Fund  said it is in the process of evaluating financial alternatives to maximize unitholder value.

Those alternatives may include a sale of all or a portion of the Fund's assets or a sale of the Fund itself. While the board of directors periodically reviews various value maximization initiatives, it has decided to formalize and accelerate this process in response to the Canadian Federal Government's intention to begin to tax income trusts in 2011.

Comments powered by Disqus

Advertisement