Glow Holdings Inc. announced that it signed a binding Letter of Intent (LOI) with Cedar River Foods LLC calling for a newly-formed subsidiary of Glow to merge with Cedar River Foods' operations. Under the LOI, the plan is for Cedar River Foods to merge with and into a 55%-owned subsidiary of Glow to be called Cedar Foods Corporation (CFC) and the other 45% to be owned by Ambezz Inc., with Cedar Foods Corporation being the surviving entity after the merger.

Additionally, Glow announced the appointment of Robert J. Selfridge as its new Chief Executive Officer as well as Cedar Foods Corporation. Mr. Selfridge is co-founder and Managing Partner of Cedar River Foods LLC.