It would not have mattered how high Cooke Aquaculture's offer to Clearwater Seafoods had been. Clearwater would have rejected it regardless.

“The owners are not looking to sell the company,” CEO Ian Smith told IntraFish.

He could not comment on whether there were any other bidders but said that the company would not sell to any company, regardless of who it came from.

“What it comes down to is the ownership structure that we currently have is no barrier for us to continue to grow and for us to be able to continue,” Smith said.

While