Blue Apron Holdings Said On June 9 Entered Into Definitive Agreements With Freshrealm; Pursuant To Deal, Sold Its Production And Fulfillment Operational Infrastructure To Freshrealm
Portfolio Pulse from Charles Gross
Blue Apron Holdings has entered into definitive agreements with Freshrealm, selling its production and fulfillment operational infrastructure to the company.
June 12, 2023 | 10:52 am
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Blue Apron Holdings (APRN) sells its production and fulfillment operational infrastructure to Freshrealm.
The sale of Blue Apron's production and fulfillment operational infrastructure to Freshrealm allows the company to potentially reduce costs and focus on its core business. This could lead to improved efficiency and profitability, positively impacting the stock price in the short term.
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