PROFILE |
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Marketing Specialists Corporation (MSC) wants to be a vital link in the food chain. The company provides sales, marketing, and merchandising services to food manufacturers, producers, and suppliers. It has 76 offices in 37 US states and earns commissions based upon its sales to traditional and electronic retailers. MSC was formed from the 1999 merger of food brokerage firm Merkert American (which was swimming in debt) and consumer products marketer Richmont Marketing Specialists. Former director James Monroe's lawsuit, for $2.5 million in advisory fees, was settled, and MS Acquisition now owns about 82% of the company. The financially-strapped firm has dismissed its staff and filed for Chapter 11 bankruptcy protection.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 380.80
1-Yr. Sales Growth: 31.0%
Employees: 5,800
Revenue per employee: $65,655.17
KEY PEOPLE |
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Gerald R. Leonard
CEO
Timothy M. Byrd
CFO
CONTACT INFO |
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17855 N. Dallas Pkwy., Ste. 200
Dallas, TX 75287
US
Phone: 972-349-6200
Fax: 972-349-6400
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