• flicker@lemmy.world
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      5 months ago

      The Thai Union owns 49% of the stock. That shouldn’t be enough to control the company, but the fact that “none” of the C suite agreed with getting rid of the other suppliers but it happened anyway?

    • catloaf@lemm.ee
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      5 months ago

      Maybe. Perhaps Thai Union was going for vertical integration and wanted to have control of the fried shrimp lifecycle all the way to your mouth, but bit off more than they could chew.