Longbow Research Starts Lancaster Colony (LANC) at Neutral
- Wall St rallies on bright earnings, megacaps' support
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- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
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- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Lancaster Colony (LANC) Enters Agreement to Acquire Angelic Bakehouse
November 3, 2016 8:05 AM EDTLancaster Colony Corporation (Nasdaq: LANC) announced that its wholly-owned subsidiary, T. Marzetti Company, has entered into a definitive agreement to acquire all of the assets of Angelic Bakehouse, Inc., a manufacturer and marketer of premium sprouted grain bakery products. The transaction is expected to close later this month. The acquisition will be funded internally with cash on hand and is not material to the financial position of Lancaster Colony Corporation. Annual sales for Angelic Bakehouse are... More