Snyder's-Lance, Inc. Signs Definitive Agreement to Acquire Diamond Foods, Inc.
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SunTrust Upgrades Lance, Inc. (LNCE) to Buy
October 29, 2015 7:30 AM EDTSunTrust Robinson Humphrey upgraded Lance, Inc. (NASDAQ: LNCE) from Neutral to Buy with a price target of $45.00.
For an analyst ratings summary and ratings history on Lance, Inc. click here. For more ratings news on Lance, Inc. click here.
Shares of Lance, Inc. closed at $33.25 yesterday.
... MoreBMO Capital Downgrades Diamond Foods (DMND) to Market Perform
October 29, 2015 7:24 AM EDTBMO Capital downgraded Diamond Foods (NASDAQ: DMND) from Outperform to Market Perform with a price target of $40.00 (from $35.00).
For an analyst ratings summary and ratings history on Diamond Foods click here. For more ratings news on Diamond Foods click here.
Shares of Diamond Foods closed at $38.00 yesterday.
... MoreSnyder's-Lance (LNCE) to Acquire Diamond Foods (DMND) in ~$1.9B Deal
October 28, 2015 6:08 AM EDTSnyder's-Lance (NASDAQ: LNCE) and Diamond Foods, Inc. (NASDAQ: DMND) ("Diamond Foods" or "Diamond") today announced that they have entered into a definitive agreement under which Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of indebtedness. Under the terms of the agreement, Diamond stockholders will receive 0.775 Snyder's-Lance shares and $12.50 in cash per Diamond Foods share upon closing of the transaction. The agreement has been approved by the Boards of Directors of both companies, who... More
