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Foodtastic launches C$1 billion hostile bid for MTY Food Group

Foodtastic signals alternative paths if negotiations stall

2 Nov 3 9:20 AM · 8d ago · 3 articles · 2 sources · development 2 of 2

Foodtastic expresses disappointment over the lack of dialogue with MTY and pitches the takeover directly to investors, signaling it may explore alternative paths if negotiations remain stalled. Financing is contingent upon gaining access to MTY's financial records for due diligence.

Foodtastic signals alternative paths if negotiations stall
Investing.com News

“MTY is a great company with excellent opportunities, but it has unfortunately not lived up to its full potential in recent years.”

Peter Mammas, Foodtastic CEO · rss ↗

Foodtastic Inc. Acquiring companyPeter Mammas Foodtastic CEOMTY Food Group Inc. Target companyVictor E. Mandel MTY board director / new CEOEric Lefebvre Former MTY CEO

The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump

Peak 5 pieces in two hours at Nov 3, 8 AM; 8 pieces over 9 days (6 articles · 2 posts) Nov 3, 8 AM — 5 pieces · 4 articles · 1 post — Google News 2, Newswires 2, Mastodon 1Nov 3, 10 AM — 1 piece · 1 article — Google News 1Nov 3, 12 PM — 1 piece · 1 post — Mastodon 1Nov 3, 2 PM — 1 piece · 1 article — Google News 1Nov 3, 4 PM — quietNov 3, 6 PM — quietNov 3, 8 PM — quietNov 3, 10 PM — quietNov 4, 12 AM — quietNov 4, 2 AM — quietNov 4, 4 AM — quietNov 4, 6 AM — quietNov 4, 8 AM — quietNov 4, 10 AM — quietNov 4, 12 PM — quietNov 4, 2 PM — quietNov 4, 4 PM — quietNov 4, 6 PM — quietNov 4, 8 PM — quietNov 4, 10 PM — quietNov 5, 12 AM — quietNov 5, 2 AM — quietNov 5, 4 AM — quietNov 5, 6 AM — quietNov 5, 8 AM — quietNov 5, 10 AM — quietNov 5, 12 PM — quietNov 5, 2 PM — quietNov 5, 4 PM — quietNov 5, 6 PM — quietNov 5, 8 PM — quietNov 5, 10 PM — quietNov 6, 12 AM — quietNov 6, 2 AM — quietNov 6, 4 AM — quietNov 6, 6 AM — quietNov 6, 8 AM — quietNov 6, 10 AM — quietNov 6, 12 PM — quietNov 6, 2 PM — quietNov 6, 4 PM — quietNov 6, 6 PM — quietNov 6, 8 PM — quietNov 6, 10 PM — quietNov 7, 12 AM — quietNov 7, 2 AM — quietNov 7, 4 AM — quietNov 7, 6 AM — quietNov 7, 8 AM — quietNov 7, 10 AM — quietNov 7, 12 PM — quietNov 7, 2 PM — quietNov 7, 4 PM — quietNov 7, 6 PM — quietNov 7, 8 PM — quietNov 7, 10 PM — quietNov 8, 12 AM — quietNov 8, 2 AM — quietNov 8, 4 AM — quietNov 8, 6 AM — quietNov 8, 8 AM — quietNov 8, 10 AM — quietNov 8, 12 PM — quietNov 8, 2 PM — quietNov 8, 4 PM — quietNov 8, 6 PM — quietNov 8, 8 PM — quietNov 8, 10 PM — quietNov 9, 12 AM — quietNov 9, 2 AM — quietNov 9, 4 AM — quietNov 9, 6 AM — quietNov 9, 8 AM — quietNov 9, 10 AM — quietNov 9, 12 PM — quietNov 9, 2 PM — quietNov 9, 4 PM — quietNov 9, 6 PM — quietNov 9, 8 PM — quietNov 9, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quietToday, 10 AM — quietToday, 12 PM — quietToday, 2 PM — quietToday, 4 PM — quietToday, 6 PM — quietToday, 8 PM — quietToday, 10 PM — quiet 1–2
1–2Foodtastic signals alternative paths if…
Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9yesterdaynow · 11:20 PM ET

Reported in the same hours no headline names this development itself — these 2 claims were published in its stretch

  1. 4 outlets Small caps to watch: Foodtastic launches hostile takeover bid for MTY Food Group; Organigram to buy Aurora Cannabis

    first by The Globe and Mail, 8d ago · also Yahoo! Finance Canada, CBC, BNN Bloomberg

    1 more headline
  2. 1 outlet Foodtastic proposes C$1 billion MTY takeover after rebuffed approaches - Bloomberg

    first by Investing.com News, 8d ago

All 2 developments of Foodtastic launches C$1 billion hostile bid for MTY Food… →

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