Return to search

Otis Spunkmeyer Pulls IPO

Otis Spunkmeyer Inc., a San Leandro, Calif.-based cookie company, has withdrawn registration for a proposed $230 million IPO. The company says that it instead has reached a merger agreement with Ireland-based IAWS Group. Otis Spunkmeyer has been controlled by Code, Hennessey & Simmons since August 2002, with CIBC and Goldman Sachs holding minority positions.