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Reply to "How widespread is the boycott against Goya Foods?"
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[quote=Anonymous][quote] While the boss of Goya Foods defended his controversial support of President Trump last week, he also was quietly quashing an agreement to sell a chunk of the food giant — a deal that would have cost him his job, The Post has learned. Chief Executive Robert Unanue — who sparked calls for a Goya boycott from Rep. Alexandria Ocasio-Cortez (D-Bronx/Queens) and other Latino leaders after he said at a July 9 White House visit that “we’re all truly blessed” to have Trump as president — successfully nixed a minority stake sale that would have valued the privately-held canned-foods giant at more than $4 billion, insiders said. The proposed deal with BDT Capital Partners — a buyout firm that sees potential to expand the brand and eventually take it public, according to sources — also would have required Unanue to leave the helm within 18 months to make way for a new chief executive, according to sources close to the situation. Sources said Goya’s board of directors last Wednesday voted against the deal with BDT, which is headed by Byron Trott, a former Goldman Sachs banker known for his close relationship to legendary investor Warren Buffett. The vote came after Goya’s board had tentatively agreed to the deal a few weeks earlier, according to a source. [/quote] https://www.foxbusiness.com/money/goya-foods-bdt-news-ceo-robert-unanue The deal fell apart because Unanue and the boycott. They wanted Unanue replaced but the board of lackeys just could not do it. Trumpism is just too toxic. Wonder how long Unanue will hang on? [/quote]
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