C H B Foods postponed a shareholders meeting.
The firm said the special meeting, originally scheduled for April 23, will take place in May. The company also said the drafting of a proxy statement is being completed, and its mailing to stockholders and other interested parties is expected shortly. The statement relates to the firm’s previously reported definitive agreement with California Home Brands, a new company formed by New York-based Hermes, and California Home Brands Holdings for the sale of C H B Foods for $16 a share, or about $60.4 million.
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