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Tofutti Brands Inc. Message Board

  • redclay13 redclay13 Mar 13, 2006 11:02 AM Flag

    Bowser Speculates On Takeover

    In March, 06 issue Max Bowser writes on future of Tofutti, part of which follows: " ... Actually we think the ingredients are here for a takeover. ... David Mintz is the largest shareholder (almost 50%) and has been chief executive officer since Aug ' 81.
    Mr. Mintz is 75 and he may be thinking of retirement. To our knowledge, no members of his family are involved with TOF. A buyout price of $3.50 to $4 a share would be reasonable.".
    TOF was the 6/01 pick of the month and Bowser does a good job of following up on the companies he highlights. Important item is the fact that no family members are in the business. Worth a bit of thought.

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