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UTZ Brands Inc V.CCH


Primary Symbol: UTZ

Utz Brands, Inc. is a manufacturer of branded salty snacks. The Company produces a range of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. The Company’s brands include Power and Foundation brands. Its Power Brands are comprised of its flagship Utz brand and On The Border brand; craft brands such as Zapp’s, Golden Flake Pork Skins, TORTIYAHS!, and Hawaiian; BFY brands such as Boulder Canyon; regional snacking brands such as Bachman, Tim’s Cascade Snacks, and 'Dirty' Potato Chips; and selected licensed brands such as TGI Fridays. Its Foundation Brands include regional snacking brands, such as Golden Flake Chips and Cheese, and Snyder of Berlin, as well as other partner and private label brands. The Company serves its products to grocery, mass merchant, club, convenience, drug and other retailers through direct shipments, distributors, and approximately 2,415 direct-store delivery (DSD) routes.


NYSE:UTZ - Post by User

Bullboard Posts
Comment by Monedas1on Feb 15, 2006 3:14pm
176 Views
Post# 10367725

RE: News. . Why Sell???

RE: News. . Why Sell???Just my opinion but I would guess that this sale means that CHH is going to try and emerge from CCAA alone with no joint venture partners involving the properties that are viewed as most valuable--such as Corner Bay and Copper Rand and that they want to minimize any dilution from future private placements. I agree that normally the selling of assets would not be good and if they had a jont venture partner involving either Copper Rand or Corner Bay, sell off any properties would not make sense---so my deduction of CHH maybe deciding to go alone. This decision would also explain the lack of announcements.
Bullboard Posts