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America's Test Kitchen Under Contract for Food52, Inc. Assets

America's Test Kitchen Under Contract for Food52, Inc. Assets

Published 4 months ago
Description
The podcast episode of BC Food News, hosted by Jennifer English, discusses a major acquisition in the culinary sphere. America's Test Kitchen has agreed to purchase certain assets of Food52, Inc. via a court-supervised bankruptcy process. Food52, Inc. has secured debtor-in-possession financing from America's Test Kitchen to ensure smooth operations during the proceedings. Both companies' CEOs have expressed excitement over this alliance, with ATK's CEO, Daniel Suratt, vowing to honor Food52’s legacy and Erika Ayers Badan of Food52 looking forward to a fruitful partnership with ATK. The acquisition is all set to combine resources from both brands, aiming to create a more comprehensive resource hub for food enthusiasts.
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