The founders of AriZona iced tea are in a dispute over the value - TopicsExpress



          

The founders of AriZona iced tea are in a dispute over the value of the company. The company might face insolvency if the judge overseeing the case sets the companys value at $3 billion or greater. The dispute stems from a valuation trial to determine how much Domenick Vultaggio and Beverage Marketing must pay to buy the 50 percent stake held by the John Ferolito and his sons trust. Ferolitos attorney based his valuation on the many suitors willing to pay billions of dollars for the company, including Nestlé SA and Coca-Cola Co, among others. #IceTeaWars #AriZonaIcedTea
Posted on: Tue, 16 Sep 2014 14:39:39 +0000

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