Emeril Adds Some Spice To B&G Foods' IPO

By JULIETTE ROSSANT Reuters reported after trading hours yesterday that B&G Foods, whose brands include "Emeril's Originals," had successfully priced its IPO and raised $261 Million, a boost for the hybrid securities market used in the form of enhanced income securities (EIS), also called Income Deposit Securities (IDS). The new EISs will be listed on the American Stock Exchange as "BGF." CBS MarketWatch confirmed this morning that shares would go on sale on the American Stock Exchange today. (See previous entries: "Emeril's Original Has Expectations Kicked Down A Notch" "Chef Branding: B&G Food Exposes Emeril?" "Does Emeril always kick products up a notch?" "Just a Spoonful of Aerosmith Makes the Emeril Go Down? ")