Harris Financial Group to purchase Detroit Popcorn Company
REDFORD, Mich. The Harris Financial Group, Ltd., LLC (HFG) announced the minority-owned investor group signed a letter of intent to acquire all the assets of the Detroit Popcorn Company. This was a business idea that just popped for us, Harris said. Im excited about this rare opportunity to continue the companys legacy, and remain committed to the high level of quality and service that its customers have come to expect.Farber has removed himself from the purchase of the Detroit Popcorn Company, and became a facilitator in the direct sale to HFG, according to a news release. Farber has been invited, and is expected to continue with the Detroit Popcorn Company in an advisory capacity with the new owners during the transition. The deal is expected to close in 30 days, according to a news release.
David Farber repurchases Detroit Popcorn Company, plans on selling business to black investors
REDFORD, Mich. In the wake of recent events former Detroit Popcorn Company owner, David Farber, has come out of retirement and repurchased the 97-year-old business. Previous owner, Evan Singer, is no longer affiliated with or employed by the business. I was very disheartened and disappointed in what Mr. Singer wrote on Facebook, said Farber. Detroit Popcorn Company is closed in the short term until we can assess the best way to move forward and also facilitate a sale. Mr. Singer disrespected our community, customers, and employees.
Former Detroit Popcorn owner under fire for allegedly making racist comments; previous owner buys back company
DETROIT Former owner David Farber came out of retirement, repurchasing Detroit Popcorn following the statements made by his successor via social media. This morning we were made aware of the statements made by Evan Singer, owner of Detroit Popcorn, on social media. The Detroit Zoological Society (DZS) would like to thank everyone who alerted us to the racist comments made by the owner of Detroit Popcorn. You will no longer see Detroit Popcorn product at the Detroit Zoo.I think that's good, I think. Detroit Popcorn Company is closed in the short term until we can assess the best way to move forward and also facilitate a sale.