snyder's lance acquires diamond foods

snyder's lance acquires diamond foods

snyder's lance acquires diamond foods

11 Lis 2020 No Comment 0 Views

CHARLOTTE, N.C. — Snack maker Snyder’s-Lance, Inc., has entered into an agreement to acquire Diamond Foods for $1.91 billion, which includes the approximately $640 million in Diamond Foods debt. CHARLOTTE, N.C., and SAN FRANCISCO — Snyder’s-Lance Inc. plans to buy Diamond Foods Inc. in a cash and stock deal valued at about $1.91 billion.. Snyder's-Lance, Inc. announced Monday the completion of its acquisition of Diamond Foods, Inc. Snyder's-Lance, Inc. and Diamond Foods, Inc. announce they have entered into a definitive agreement under which Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of indebtedness. The acquisition creates a powerful, international snack foods company with an innovative and diversified product portfolio. Per terms of the deal, Snyder's-Lance has acquired all outstanding shares of Diamond Foods in a cash and stock merger transaction. Following Snyder-Lance’s acquisition of Diamond Foods in February of this year, the company has decided to spin off the Diamond of California nut brand to Blue Road Capital and retain Diamond’s snack brands as it pursues its strategic plan of growth within the better-for-you snack space.. Snyder’s-Lance will acquire all outstanding shares of Diamond Foods. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Snyder's-Lance, Inc. (NASDAQ: LNCE) and Diamond Foods, Inc. (NASDAQ: DMND) yesterday (October 28, 2015) announced that they have entered into a definitive agreement under which Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of … The agreement has been approved by both companies’ boards of directors. Under the terms of the deal, Blue Road Capital has agreed to acquire the Diamond … Snyder’s-Lance, Inc., Charlotte, NC, and Diamond Foods Inc., San Francisco, have entered into a definitive agreement under which Snyder’s-Lance will acquire all outstanding shares of Diamond Foods for approximately $1.91 billion in cash and stock, including the assumption of approximately $640 million of indebtedness. On August 30, 2013, Snyder's-Lance acquired Stateline Service Corp. and no purchase price was disclosed. On October 28, a definitive agreement for Snyder's-Lance to acquire Diamond Foods was entered. Snyder's-Lance expected the acquisition to close early fourth quarter. Snyder's-Lance, Inc. and Diamond Foods, Inc. have entered into a definitive agreement under which Snyder's-Lance will acquire all Snyder’s-Lance, the US-based snack foods group, has completed its $1.91 billion acquisition of rival Diamond Foods. November 29, 2016.

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