Treehouse Foods (THS) Misses Q3 EPS by 4c
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Treehouse Foods (THS) Exploring Strategic Alternatives, Including Possible Sale to Maximize Value
November 8, 2021 6:46 AM EST(Updated - November 8, 2021 6:46 AM EST)
TreeHouse Foods, Inc. (NYSE: THS) today announced that its Board of Directors has approved a plan to explore strategic alternatives, including a possible sale of the Company or a transaction to allow the Company to focus on its higher growth Snacking and Beverages business by divesting a significant portion of its Meal Prep business. The determination follows the Company's ongoing, Board-led strategic review which began earlier this year. TreeHouse has retained Evercore as its financial advisor and Sidley Austin LLP and Gibson Dunn as its legal counsel to... More
