TITLE

Sunny D Credit Pulled as J.W. Childs Goes Back To Drawing Board

AUTHOR(S)
McDonald, James
PUB. DATE
July 2004
SOURCE
Bank Loan Report;7/5/2004, Vol. 19 Issue 27, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the withdrawal of the multi-million dollar credit backing of J.W. Childs Associates LP acquisition of Sunny Delight Beverages Co. from Procter & Gamble Co. Failure of Sunny Delight to meet certain earning targets; Implications of the withdrawal for any future bank deal that Sunny Delight may try to bring after an acquisition is reworked; Reason behind the decision of Procter & Gamble to sell Sunny Delight.
ACCESSION #
13686636

 

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