New York’s dairy king has moved to Delaware.
Chobani, the top-selling Greek yogurt brand founded by Turkish immigrant Hamdi Ulukaya, quietly relocated its corporation from New York to Delaware last month, state records show.
The move — which comes just as Albany seeks to make yogurt the state’s official snack — is more evidence that the company headquartered in Norwich, NY, is preparing to go public.
More than 50 percent of publicly traded companies, including 64 percent of Fortune 500 companies, are incorporated in Delaware, which is known for its corporate-friendly laws.
To read the rest of the story, please go to: New York Post
