Utz Brands to be Acquired by Intersnack Group in $2.9 Billion All-Cash Deal
Utz Brands Inc., a publicly traded snack food company, has agreed to an all-cash acquisition for approximately $2.9 billion by Germany's Intersnack Group. The deal offers shareholders a 91% premium and will result in Utz becoming privately owned with equal stakes held by Intersnack and the Rice and Lissette Family Entities.
Tickers: $UTZ