Snyder's-Lance $1.9 billion acquisition of Diamond Foods

29/2/2016

Public acquisition

Value:

$ 1.9 billion

Status:

Completed

Date:

29/2/2016

Overview:

Snyder's-Lance has completed its $1.9 billion acquisition of Diamond Foods.
Diamond Foods' stockholders received $12.50 and .775 Snyder's-Lance shares per share.
The deal was first announced in October 2015.
Deutsche Bank Securities acted as financial adviser for Snyder's-Lance.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Food and beverage

Firms:

Fenwick & West

Party: Diamond Foods (Target)

Lawyers: David Michaels, Douglas Cogen

Ropes & Gray

Party: Deutsche Bank Securities (Financial adviser)

Lawyer: John Sorkin

Troutman Pepper Hamilton Sanders

Party: Snyder's-Lance (Acquirer)

Lawyers: David Ghegan, Hazen Dempster, Shona Smith

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