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Select Board approves Roche Brothers corporate reorganization, stock transfer for Sudbury Farms
Summary
The Sudbury Select Board voted unanimously Nov. 6 to approve a two‑part application by RBSBW Inc. (Roche Brothers/Sudbury Farms): a technical corporate reorganization of parent entities and a transfer of 51% beneficial interest to Michael Buzzuto and an employee stock option plan; staff said store operations will not change.
The Sudbury Select Board on Nov. 6 voted to approve a two‑part application from RBSBW Inc., the licensee doing business as Sudbury Farms (Roche Brothers), that requested (1) a financial reorganization of upper‑tier parent companies for tax purposes and (2) a change of beneficial interest including the transfer of a 51% interest to…
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