Goodfellows' Amalgamated Dairies trims Sanford stake again, raising $20.8M

Fri, 29 Sep 2017

By Jonathan Underhill Sept. 29 (BusinessDesk) - Amalgamated Dairies, an investment vehicle for the Goodfellow family, has raised about $21 million reducing its holding in fishing company Sanford to 24 percent from 27 percent. It sold 2.9 million shares in August and September on market for $20.8 million, which amounts to about $7.19 a share. The shares last traded at $7.60 and have gained about 12 percent this year. Amalgamated last reduced its holding in August 2016 with the sale of 5 million shares at $5.50 each. A separate Goodfell...

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