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Sitka-based Silver Bay Seafoods has reached a deal to acquire a 50% stake in OBI Seafoods, expanding the company’s processing capacity in Alaska. The company announced March 19 that it will take over management of all OBI facilities and operations including plants in Southeast, Southcentral and western Alaska, and Washington state. Silver Bay is buying Icicle Seafoods’ 50% stake in OBI, partnering with the Bristol Bay Economic Development Corp. (BBEDC) which holds the other 50%. OBI was created in 2020 by a merger between Ocean Beauty Sea...