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ARCTIC ALASKA FISHERIES AGREES TO BE ACQUIRED BY TYSON FOODS
PR Newswire
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June 16, 1992
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COPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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ARCTIC ALASKA FISHERIES AGREES TO BE ACQUIRED BY TYSON FOODS
SEATTLE, June 16 /PRNewswire/ -- Arctic Alaska Fisheries Corporation (NYSE: ICE), headquartered in Seattle, today announced that it has executed a definitive agreement with Tyson Foods, Inc. (NASDAQ: TYSNA) of Springdale, Ark., providing for the merger of Arctic Alaska and a subsidiary of Tyson.
Under the terms of the agreement, Arctic is expected to merge with a Tyson subsidiary on Oct. 5, 1992, at which time each share of Arctic Alaska common stock will convert into a right to receive $2.23 in cash and ...
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