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NEW YORK — Parsippany, N.J.-based Pinnacle Foods — manufacturer and distributor of such food brands as Birds Eye, Duncan Hines, Vlasic, Mrs. Butterworth’s and others — opened for trading Thursday on the New York Stock Exchange under the ticker symbol “PF” after its initial public offering.
CEO Bob Gamgort, along with members of Pinnacle Foods’ leadership team, celebrated the company’s first day of trading by ringing the NYSE Opening Bell and visiting the trading floor to observe the stock opening.
“We’re excited to welcome Pinnacle Foods and its family of iconic brands to the New York Stock Exchange,” said Scott Cutler, EVP and head of global listings at NYSE Euronext. “Through innovation and a focus on excellence, Pinnacle Foods’ products continue to grace the nation’s households after more than 150 years. We congratulate Pinnacle Foods on its IPO and are proud to partner with the company as it embarks on its journey as a publicly traded company.”
“I am honored to represent all employees of Pinnacle Foods who have worked tirelessly to make this day a reality,” said Pinnacle Foods CEO Bob Gamgort. “By reinvigorating our portfolio of iconic brands, we have built a company that can satisfy the needs of our consumers, partner with our retailers and create value for our investors. We look forward to continuing to build the value of this great company for years to come.”
Barclays Capital is the Designated Market Maker for the company’s stock.