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Dairy cooperative says good buy to investment banker.


Dairy cooperative says good buy to investment banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 

The Glenn Milk Producers Association, a dairy cooperative known to grocers and consumers by its "Challenge" brand label featuring a stag in the wilderness wilderness, land retaining its primeval character with the imprint of humans minimal or unnoticeable. In the United States, the Wilderness Act of 1964 established the National Wilderness Preservation System with a nucleus of 9 million acres (3. , has hired Westwood investment banker F.M. Roberts & Co. Inc. to advise on merger and acquisition possibilities.

Association President Harvey Harvey, city (1990 pop. 29,771), Cook co., NE Ill., a suburb S of Chicago; inc. 1895. Its manufactures include steel castings, metal products, chemicals, machinery, and electronic equipment. Harvey has an oil research center. The city was founded by Turlington W.  Moranda said that Glenn Milk, based in Willows in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern , has talked to several cooperatives about mergers or acquisitions and needed Roberts to evaluate proposals and opportunities.

"We selected Roberts because of his expertise and track record, especially in working with cooperatives," said Moranda.

In the past, Roberts has been retained by the San Fernando San Fernando, city, Argentina
San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area.
 Valley-based Sunkist Growers cooperative and the National Bank for Cooperatives.

Cooperatives are groups of farmers or ranchers that sell their product collectively, often through a jointly owned packing or processing facility.

Said Roberts last week, "Although merger and acquisition activity has slowed down considerably, there will always be a market for deals that make fundamental economic sense."
COPYRIGHT 1991 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Glenn Milk Producers Association hires F.M. Roberts & Co.
Author:Cole, Benjamin Mark
Publication:Los Angeles Business Journal
Date:Aug 19, 1991
Words:165
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