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Di Giorgio Corp

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BUSINESS
August 30, 1989 | From Times Wire Services
New Jersey investor Arthur M. Goldberg extended his $163.6-million tender offer for Di Giorgio Corp. today and warned the company's board not to shop the company around for too long. Goldberg extended his $32-a-share bid for the food distribution and building materials company until Sept. 20. The cash offer, launched Aug. 3, was due to expire at midnight today. As of Tuesday, 3,820 shares had been tendered to Goldberg's DIG Acquisition Corp.
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BUSINESS
January 3, 1990 | From United Press International
Di Giorgio Corp. said Tuesday that it has agreed to be acquired by a company headed by New Jersey investor Arthur M. Goldberg for $30 a share, or about $155 million, ending a six-month struggle for control of the food distribution and building material company. Di Giorgio, based in San Francisco, said it had been unable to find another bidder who could top the offer from DIG Acquisition Corp., which is owned by Goldberg's Rose Partners partnership.
BUSINESS
January 3, 1990 | From United Press International
Di Giorgio Corp. said Tuesday that it has agreed to be acquired by a company headed by New Jersey investor Arthur M. Goldberg for $30 a share, or about $155 million, ending a six-month struggle for control of the food distribution and building material company. Di Giorgio, based in San Francisco, said it had been unable to find another bidder who could top the offer from DIG Acquisition Corp., which is owned by Goldberg's Rose Partners partnership.
BUSINESS
June 30, 1987 | JESUS SANCHEZ, Times Staff Writer
Di Giorgio Corp., an old-line San Francisco firm involved in food processing, building products and real estate, said Monday that it is the target of a $238-million takeover offer from an investment group affiliated with New York money manager Mario Gabelli. Analysts were not impressed with the $28-a-share bid and expect better offers to surface. "I think it understates what the company is worth," said analyst Kevin B.
BUSINESS
January 20, 1988 | NANCY RIVERA BROOKS, Times Staff Writer
Di Giorgio Corp. said Tuesday that it plans to buy back nearly 20% of its stock and sell four divisions, including two in Southern California. The move would refocus the old-line San Francisco company on its food-processing and distribution and building materials businesses. Di Giorgio, which outlasted a hostile takeover attempt last year, said the restructuring "is designed to strengthen the company and result in enhanced value for all Di Giorgio shareholders."
BUSINESS
September 19, 1985
Michael M. Cully has been named controller of Di Giorgio Corp., a San Francisco-based food processing and marketing company.
BUSINESS
August 30, 1989 | From Times Wire Services
New Jersey investor Arthur M. Goldberg extended his $163.6-million tender offer for Di Giorgio Corp. today and warned the company's board not to shop the company around for too long. Goldberg extended his $32-a-share bid for the food distribution and building materials company until Sept. 20. The cash offer, launched Aug. 3, was due to expire at midnight today. As of Tuesday, 3,820 shares had been tendered to Goldberg's DIG Acquisition Corp.
BUSINESS
June 9, 1989
Di Giorgio Has Another Suitor: Di Giorgio Corp., the San Francisco food and building materials company that fought off a hostile takeover attempt and restructured itself last year, has another suitor. Investor Arthur Goldberg of Somerset, N.J., who holds 14.1% of Di Giorgio's shares, offered to buy the company for $30 a share, or about $153 million. The company said it would respond "in due course." Di Giorgio shares jumped $3 to close at $31 on the New York Stock Exchange after the offer was disclosed.
BUSINESS
January 20, 1988 | NANCY RIVERA BROOKS, Times Staff Writer
Di Giorgio Corp. said Tuesday that it plans to buy back nearly 20% of its stock and sell four divisions, including two in Southern California. The move would refocus the old-line San Francisco company on its food-processing and distribution and building materials businesses. Di Giorgio, which outlasted a hostile takeover attempt last year, said the restructuring "is designed to strengthen the company and result in enhanced value for all Di Giorgio shareholders."
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