John Tyson
John Tyson
accounting cash complete continues determine effect impossible matters offer resolve tender work
Unfortunately, it will be impossible to complete the cash tender offer by the 28th. IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal.
both cause disruption history members plant regret team
We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry.
earlier promised proved quarter tougher
As promised earlier the quarter would be very tough, and it proved tougher than expected.