TreeHouse Foods Acquired for $2.9B, Becoming Private
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TreeHouse Foods, known for private label groceries, agrees to be acquired by Investindustrial for $2.9 billion, marking a significant shift from public to private ownership. Shareholders receive $22.50 per share, with a potential additional payout from a coffee lawsuit. Despite a net loss in Q3, the acquisition news drives a substantial stock jump.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
