Pinnacle Completes Birds Eye Purchase

Vestar Capital Partners has completed its sale of frozen vegetable producer Birds Eye Foods to Pinnacle Brands Corp., a portfolio company of The Blackstone Group, for approximately $1.3 billion. Birds Eye last month pulled registration for a $350 million IPO. It had reported around $935 million in revenue for the year ending June 30, 2009.

DealsNorth AmericaUSBriefs