Saturday, January 14, 2012

Allstate (NYSE:ALL) In Food Merger

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tdp2664 E money daily Allstate (NYSE:ALL) Food Marketing merges has reportedly agreed to merge with Harvest Foods. Allstate (NYSE:ALL) In Food Merger Allstate (NYSE:ALL) Food Marketing, a subsidiary of Illinois based second largest personal lines insurer, Allstate (NYSE:ALL), has reportedly decided to merge with Harvest foods. Allstate (NYSE:ALL) Food Marketing president David Murphy, said, "The cultural fit between our two organizations will only make us stronger. What I am most excited about is this is still a people business and this reinforces that fact that we have the best people in the business." Allstate (NYSE:ALL) shares were at 28.68 at the end of the last day’s trading. There’s been a 18.0% change in the stock price over the past 3 months. Allstate (NYSE:ALL) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.04 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.24 Zack’s Rank: 51 out of 56 in the industry



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