Post To Shell Out Nearly $700M For Healthy Brands

Law360, New York (December 9, 2013, 1:19 PM EST) -- Post Holdings Inc. will fork over as much as $700 million for the acquisition of nut butter supplier Golden Boy Foods Ltd. and nutritional supplement company Dymatize Enterprises LLC through two separate deals, expanding the parent company’s standing in the health food industry.

Under the terms of the Golden Boy acquisition, Post will pay CA$320 million ($301 million) to pick up the organic nut butter and snack supplier from affiliates of Tricor Pacific Capital Inc., according to a Monday statement. In a separate transaction, Post will...
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