|
David and His Brother To Go Public
No, not THAT David! Fruit specialists Harry & David have something new to deliver -- an IPO.
When brothers Harry and David began visiting corporate clients around the country in November of 1934, they had a tall task before them. Hoping to invigorate the family's pear orchard in Oregon, the brothers decided to market their harvest to Corporate America as the ideal holiday gift. It worked!
More than 70 years later, the company hasn't strayed too far from its beginnings. Yesterday, the fruit and gift basket specialist announced that it was filing to go public. Harry & David Holdings, formerly known as Bear Creek Holdings, is looking to raise as much as $125 million in the offering.
| 
