In early 1991, Reynolds Metals, manufacturers of aluminum products, has decided to sell its share of the Eskimo, marketing branded frozen novelties. Reynolds had an offer from Nestle to buy popsicle. However, Reynolds decided instead to make an initial public offering popsicle. The case examines the decision. "Hide
by Richard S. Ruback, Dean Mihas Source: Harvard Business School 13 pages. Publication Date: November 24, 1992. Prod. #: 293084-PDF-ENG