UTZ Brands Inc V.CCH

Primary Symbol: UTZ

Consumer Defensive Packaged Foods

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.

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UTZ Brands Inc

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Comment by vlieton Nov 02, 2006 4:44pm

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Post# 11606110

RE: Value of Rights

Andrew, Not to beat a dead horse here but now you are taking a smaller number minus a larger number and ending up with a positive. You agree that for rights priced at $0.02 the cost to buy 3 shares using said rights is 0.44 correct?? Now simply divide by 3 and the cost per share is 0.146666 per share. Shares were trading at 0.12 per share at time of this debate so rights were not lagging share price but rather ahead. I stand corrected on the number of warrants per unit. Each unit gives half of a purchase warrant at 0.15 as you mentioned. These warrants are looking much more attractive now that price is at 13 cents now aren't they.

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