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Aramark Corp. reported net income of $30.9 million, compared with $261 million in the previous 12-month period, for its fiscal year ended September 30, 2007

Food Management Staff

January 7, 2008

1 Min Read
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FM Staff

Aramark Corp. reported net income of $30.9 million, compared with $261 million in the previous 12-month period, for its fiscal year ended September 30, 2007. Aramark said in a Securities and Exchange Commission filing that expenses related to its going private in January and higher interest costs were factors in the profit decline. The company’s long-term debt rose to $5.8 billion in September from $1.8 billion the year before because of the leveraged buyout

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Food Management Staff

Food Management is a media brand that features trends and best practices, products and solutions that connect deeply with the noncommercial foodservice professional. Four key onsite segments — College & University, K-12, Healthcare, and Business & Industry dining — are the focal points in our coverage. Our audience receives both the big picture information they need as well as segment specific knowledge to run their businesses better.

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