Kahiki Merger Gets Shareholder Okay
Under the terms of the merger agreement, GTG Foods Inc., merged with and into Kahiki Foods Inc., with Kahiki Foods continuing as the surviving corporation. Kahiki Foods will continue its operations as a privately held company and subsidiary of Delabarta Inc., with manufacturing operations in Gahanna, Ohio. Outstanding preferred shares were converted into the right to receive $3.288 in cash and outstanding common shares were converted into the right to receive $2.163 in cash.
From the July 2, 2007, Prepared Foods e-Flash