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July 27, 2004 | From Bloomberg News
Dreyer's Grand Ice Cream Holdings Inc., the biggest U.S. ice cream maker, bought Silhouette Brands Inc. on Monday for about $70 million to add Skinny Cow low-fat and low-carbohydrate frozen snacks for health-conscious consumers to its ice cream lineup. Dreyer's, the U.S. maker of Haagen-Dazs, paid $4.76 for each common share and $6.56 for each preferred share of New York-based Silhouette, said Scott Webster, assistant treasurer at Dreyer's. Silhouette has virtually no debt, he said.
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