Genesee Corporation Announces Engagement of Investment Banking Firm

Apr 12, 2001, 01:00 ET from Genesee Corporation

    ROCHESTER, N.Y.,  April 12 /PRNewswire/ --
 Genesee Corporation (Nasdaq:   GENBB) announced that it has engaged the
 investment banking firm of J.H. Chapman Group, L.L.C. to advise the
 Corporation's Board of Directors as it reviews strategic alternatives for the
 Corporation's Ontario Foods subsidiary.
     The J.H. Chapman Group is headquartered in the Chicago suburb of Rosemont,
 Illinois and has extensive experience representing middle market food
 companies in sale, acquisition, corporate restructuring and financing
 transactions.  "We are pleased to have the Chapman Group on our team as we
 determine the best strategy to maximize shareholder value from the planned
 divestiture of our foods business," said Mark W. Leunig, Senior Vice President
 and Chief Administrative Officer of the Corporation.
     Handling the engagement for J.H. Chapman (Tel:  773-693-4800) will be John
 W. Loeb and David L. Epstein.
     Copies of Genesee Corporation press releases are available free of charge
 by calling PRNewswire's Company News On Call at 800-758-5804, Extension
 352775, or on the Internet at http://www.prnewswire.com/cnoc.
 
 

SOURCE Genesee Corporation
    ROCHESTER, N.Y.,  April 12 /PRNewswire/ --
 Genesee Corporation (Nasdaq:   GENBB) announced that it has engaged the
 investment banking firm of J.H. Chapman Group, L.L.C. to advise the
 Corporation's Board of Directors as it reviews strategic alternatives for the
 Corporation's Ontario Foods subsidiary.
     The J.H. Chapman Group is headquartered in the Chicago suburb of Rosemont,
 Illinois and has extensive experience representing middle market food
 companies in sale, acquisition, corporate restructuring and financing
 transactions.  "We are pleased to have the Chapman Group on our team as we
 determine the best strategy to maximize shareholder value from the planned
 divestiture of our foods business," said Mark W. Leunig, Senior Vice President
 and Chief Administrative Officer of the Corporation.
     Handling the engagement for J.H. Chapman (Tel:  773-693-4800) will be John
 W. Loeb and David L. Epstein.
     Copies of Genesee Corporation press releases are available free of charge
 by calling PRNewswire's Company News On Call at 800-758-5804, Extension
 352775, or on the Internet at http://www.prnewswire.com/cnoc.
 
 SOURCE  Genesee Corporation