Premium Brands Holdings Corporation Announces the Completion of the Acquisition of Stampede Culinary
Premium Brands Holdings Corporation ("Premium Brands" or the "Company") (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce the successful completion of the previously announced acquisition of Stampede Culinary Partners, Inc. (the "Stampede Acquisition").
The purchase price for the Stampede Acquisition, subject to further customary post-closing net working capital adjustments and excluding transaction costs, was approximately US$688.0 million and consisted of (i) the initial base purchase price of approximately US$662.5 million comprised of (a) US$512.5 million in cash and...
To Read Full Story Login Below.