Ralcorp (RAH) Completes Acquisition of Wire-Cut Cookie Leader Petri Baking Products

Ralcorp Holdings, Inc. (NYSE: RAH) today announced that it has completed the acquisition of Petri Baking Products, Inc., a leading producer of private-brand wire-cut cookies. Ralcorp anticipates the transaction will deliver $0.05 of GAAP accretion and $0.08 of cash accretion to adjusted diluted earnings per share in the first year of ownership, excluding one-time costs. Terms of the transaction were not disclosed.

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