South Philly Review 4-14-11

Page 11

News N E W S B R I E F S

Tastykake finds new owner

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Letting her brain’s skills follow her hands’, Lisa Bruemmer aided the forlorn East Asian country with a portion of one week’s sales. S ta f f P h o t o b y G r e g B e z a n i s

ing, she elected to offer 20 percent of one week’s sales to the relief efforts. It netted $125, which she plans to augment with a $25 donation. “It was encouraging to see that people saw the offer as an incentive to make a purchase,” Bruemmer, who cited her involvement as one of her first forays into humanitarianism, said. “I would like to do more because the Japanese need ongoing support.” The Red Cross oversaw the handling of

her gathered funds, offering Bruemmer, who hand dyes more than 70 items, a measure of satisfaction over having chosen action over pity. “I’m not an expert on what people should do to aid Japan or any other area,” she said. “I just saw a chance to give, to decrease a bit of the unease.” SPR Contact Staff Writer Joseph Myers at jmyers@ southphillyreview.com or ext. 124. Comment at www.southphillyreview.com/news/features.

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hiladelphia public and parochial school teachers Maria Pandolfi, Maria Lengauerb, Erica Risco, Brittany Mahoney and Carolyn Petermann are hosting “Teach and Beach Bowling, Beer and Dinner Fundraiser” 7 to 11 p.m. April 23 at St. Monica Bowling Lanes, 1601 Shunk St., to raise money for their annual visit to Jamaica to teach underprivileged children. To purchase the $25 tickets, contact Maria Pandolfi at 215-917-4261 or visit www.thesourcefarm.com. Tickets also will be available for $30 at the door. SPR - Evan Jacoby Comment at news/briefs.

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Bowling for the beach

SOUTh PHILLY REVIEW I APRIL 14, 2011

Menu Guide 2011

eorgia’s Flowers Foods purchased Tasty Baking Co., a 97-year-old Philadelphia staple, Monday, orchestrating a deal that will total more than $165 million. A baked goods manufacturer, Flowers bought the struggling enterprise for $4 a share. Tasty’s outstanding 8.6 million shares bring the acquisition’s tag to $34.4 million, with more than $131 million in debt accounting for the transaction’s sum. The agreement will make Tasty part of its partner’s direct-store-delivery business and extend its long-lauded line of products to the Southeast and Southwest parts of the country. The sale, which should close sometime during the year’s second quarter, will likely not mean any reduction in Tasty’s 740-employee workforce or 413-member roster of independent sales distributors, Flowers’ chairman and CEO George Deese said in a press release. It also will keep open Tasty’s plants in Chester County and the 11-month-old facility at 3 Crescent Dr. in The Philadelphia Navy Yard. “This merger with Flowers will create

value for Tasty’s shareholders, employees and the Philadelphia community,” Tasty’s CEO Charles P. Pizzi said in a news release. “We believe the combination of Tasty with Flowers will create a company with long-term advantages for our employees, customers, suppliers, independent sales distributors and other constituents.” - Joseph Myers


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