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Diversification of Ownership in Frango-Guy Davison Divests Shares.


Business Editors

STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Oct. 31, 2001

One of Frango's principal owners, Board member Guy Davison Davison is a surname, and may refer to
  • Aidan Davison, Northern Ireland footballer
  • Alexander Davison, British businessman, Nelson's prize agent
  • Archibald Thompson Davison, an American musicologist and educator
  • Bruce Davison, American actor
, has today through Enskilda Securities sold 165,000 Series A shares and 695,500 Series B shares in Frango Frango, originally the signature trademark candy of Marshall Field's department stores and licensed for sale in other stores, is a brand of chocolate truffles now produced and distributed by Macy's department stores [1].  AB, which together represent 29.9% of the votes and 17.6% of the capital in the company after full conversion. After the sale, Guy Davison has 18,000 Series B shares, corresponding to 0.2% of the votes and 0.4% of the capital in the company.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 31, 2001
Words:85
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