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Coffee Holding to Merge with Bulk Logistics Provider

Por: MarketWatch Business September 30, 2022

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The wholesale coffee roaster and dealer said Friday that under the terms of the deal, its shareholders will receive one share of the new company for each Coffee Holding share they own, while Delta stockholders will exchange their shares for $625 million in ordinary shares of the new company, at an implied share price of $5.50. Pubco will have an implied enterprise value of about $655 million, with Delta shareholders collectively owning about 95%... + full article



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