Pinnacle Foods (PF) Declares $0.255 Quarterly Dividend; 2.3% Yield

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Pinnacle Foods (PF) Commences Tender for Boulder Brands (BDBD)

December 9, 2015 9:02 AM EST

Pinnacle Foods Inc. (NYSE: PF) ("Pinnacle") announced today that it has commenced a tender offer through a wholly owned subsidiary to purchase all outstanding shares of Boulder Brands, Inc. (NASDAQ: BDBD) ("Boulder") for $11.00 per share in cash. The tender offer is being made pursuant to the Merger Agreement entered into and announced by Pinnacle and Boulder on November 24, 2015.

Unless extended, the tender offer will... More