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.