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Note 12 - Subsequent Events
9 Months Ended
Feb. 26, 2017
Notes to Financial Statements  
Subsequent Events [Text Block]
12.
Subsequent Events
 
On
March
1,
2017,
the Company
purchased substantially all of the assets of O Olive Oil, Inc. (“O Olive”) for
$2.5
million in cash plus contingent consideration of up to
$7.5
million over the next
three
years based upon O Olive achieving certain EBITDA targets. O Olive, founded in
1995,
is based in Petaluma, California, and is the premier producer of California specialty olive oils and wine vinegars. Its products are sold in natural food, conventional grocery and mass retail stores, primarily in the United States and Canada.