Amplify Snack Brands (BETR) Reports Q2 EPS of $0.15
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Amplify Snack Brands (BETR) Enters Agreement to Acquire Tyrrells in Cash and Stock Deal
August 8, 2016 6:03 AM EDTAmplify Snack Brands, Inc. (NYSE: BETR) and Crisps Topco Limited and Subsidiaries (Tyrrells) today announced that they have executed a definitive agreement under which Amplify will acquire Tyrrells, an international, market-leading and rapidly growing premium Better-For-You snack food business. The transaction has been unanimously approved by Amplifys board of directors. Under the terms of the £300 million transaction, Tyrrells current owner Investcorp and members of the Tyrrells management team will receive approximately £278 million in cash and approximately 2.1 million shares of Amplifys common stock.1 Amplify expects to close the transaction by the end of the third quarter... More
