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Sodexho Alliance Company

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June 13, 2006 | From the Associated Press
Food preparation company Sodexho Inc. announced a joint venture with retired basketball star Earvin "Magic" Johnson to seek out new food service deals. Johnson will own 51% of the new company, which will be called SodexhoMagic and will be based at Sodexho's headquarters in Gaithersburg, Md. Financial details of the 10-year agreement were not disclosed. Sodexho provides meals, housekeeping and grounds services for schools, colleges, hospitals and corporate cafeterias.
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BUSINESS
June 13, 2006 | From the Associated Press
Food preparation company Sodexho Inc. announced a joint venture with retired basketball star Earvin "Magic" Johnson to seek out new food service deals. Johnson will own 51% of the new company, which will be called SodexhoMagic and will be based at Sodexho's headquarters in Gaithersburg, Md. Financial details of the 10-year agreement were not disclosed. Sodexho provides meals, housekeeping and grounds services for schools, colleges, hospitals and corporate cafeterias.
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