News Summary May 31, 2017
Today's Main Story: High Liner Completes $107 Million Purchase of Major Shrimp Importer Rubicon Resources
The news opens reporting that High Liner Foods completed the acquisition of major shrimp importer Rubicon Resources. The deal for High Liner to buy the assets to Rubicon was originally announced in mid-May. According to the details of the deal, High Liner would buy Rubicon for $107 million. Rubicon has corporate headquarters in Culver City, CA and also operates over 11 shrimp and seafood processing facilities in South East Asia. In addition to ...
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