Northeast Grocery Stores | The Shelby Report
Posted inNews, Finance News, Northeast, Snacks Brands, Suppliers

Utz To Go Private In $2.9B Deal With Germany’s Intersnack

Utz Brands will be taken private in a deal valuing the salty snack maker at approximately $2.9 billion, with Germany’s Intersnack Group acquiring all outstanding Class A common stock for $14.25 per share in cash. The price represents a premium of roughly 91 percent over the July 20 closing price. When the transaction closes, expected […]