Tuesday, January 1, 2013

Greenwood's Viking Range to be sold for $380M

Food service equipment maker Middleby Corp. says it will buy Mississippi-based oven and kitchen appliance maker Viking Range Corp. for $380 million. Fred Carl Jr., Viking's founder and chief executive officer, tells the Greenwood Commonwealth that the manufacturer of upscale kitchen appliances will stay in Greenwood. He expects few changes resulting from the new ownership other than future growth in the city of its birth.

Read more from The Clarion Ledger here.

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