on September 19, 2017
Post Holdings to acquire Bob Evans Farms
When acquisition is finalized, company will restructure, with Bob Evans unit handling refrigerated retail business and Michael Foods unit handling commercial foodservice business
Post Holdings has agreed to acquire Bob Evans Farms for $77 per share or about $1.5 billion.
Upon finalization of the acquisition, Post Holdings, the parent company of egg, potato, pasta and cheese business Michael Foods, plans a restructuring that will place Michael Foods’ retail business under the Bob Evans…