Snyder's-Lance (LNCE) to Sell Diamond of California to Blue Road Capital
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Snyder’s-Lance Announces Divestiture of Diamond of California® Culinary Nut Business
November 28, 2016 4:30 PM ESTCompany reaffirms full-year 2016 outlookConference call scheduled for 5:00 p.m. ET today to discuss the transaction
CHARLOTTE, N.C., Nov. 28, 2016 (GLOBE NEWSWIRE) -- Snyders-Lance, Inc. (NASDAQ: LNCE) announced today that the Company has signed a definitive agreement to sell its Diamond of California® culinary nut business to Blue Road Capital. The sale of Diamond of California® aligns with the Companys strategy to focus more resources on the growth opportunities for its core brands. The transaction reflects the Companys commitment to... More