Armour Food Company and Viad Corp have/had a hierarchical relationship

Subsidiary Armour Food Company
Parent Viad Corp
Start Date 1970-00-00
End Date 1983-00-00
Notes The most significant move Greyhound made to diversify was the 1970 $400 million acquisition of Chicago-based Armour & Company. John W. Teets moved aggressively to take on the unions, demanding wage cuts from workers at Armour Foods, and when they refused he shuttered the company's 29 plants and sold the business for $2 billion to Conagra Inc., which in days reopened with thousands of non-union workers.
Updated almost 8 years ago