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CUP WITH HANDLE | April 18, 2003
Is Coolbrands Cooling Down?
Coolbrands (formerly Yogen Fruz) is a Canadian company that is waiting for a United States' Federal Trade Commission ruling that could, if favorable, double the size of the company. Nestle SA wants to take over Dreyer's Grand Ice Cream Inc., and in order to satisfy the FTC's challenge of the takeover, Nestle would have to divest itself of three of Dreyer's premium brands. Does a chart of Coolbrands give us any idea of what the outcome will be?
by Koos van der Merwe
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