Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why TreeHouse Foods Stock Climbed Today

TheMotleyFool

0 0

Shares of TreeHouse Foods (NYSE: THS) surged more than 22% on Monday after the maker of private-label packaged goods struck a deal to be acquired for $2.9 billion.

Image source: Getty Images.

Under the terms of the deal, private equity firm Industrial F&B Investments would purchase TreeHouse for $22.50 per share in cash. The offer represents a 38% premium to the stock's closing price on Sep. 26, the last day before rumors of a potential takeover began circulating.

Source Fool.com

Like: 0

THS

Share