Falconhead Capital acquires Rita's Water Ice

Rita's Water Ice Celebrates Its 16th Annual First Day of Spring Italian Ice Giveaway on Thursday, March 20. (PRNewsFoto/Rita's Water Ice)

December 1, 2011 8:55:36 PM PST
Falconhead Capital LLC said Thursday it has taken a controlling stake in Rita's Water Ice Franchise Co. LLC, whose Italian ice treats are sold in 18 states.

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