Ice Cream Maker Blue Bell Receives Investment From Texas Billionaire Sid Bass




Blue Bell Creameries LP secured an investment from Texas billionaire Sid Bass—a lifeline from one of the country’s most prominent investors—amid a sweeping recall that the ice-cream maker had warned shareholders could destroy it.

Blue Bell on Tuesday said Mr. Bass, who has managed an oil-and-gas fortune for years and once was a major investor in Walt Disney Co., made a “significant” investment and became a partner in the closely held company. Terms weren’t disclosed.

The deal comes as Blue Bell, a family-run Texas company that is among the largest U.S. ice-cream makers, is trying to return its frozen desserts to stores after recalling all its products in April following a deadly listeria outbreak.

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