Flowers Foods, Inc. /
Purposeful Foods Holdings, Inc.
Flowers Foods agrees to acquire Purposeful Foods Holdings
What happened
Flowers Foods, Inc. agreed to acquire Purposeful Foods Holdings, Inc., the parent company of Simple Mills, Inc., for $795 million in cash. The companies entered into a merger agreement on Jan. 7, 2025.
The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close during the first quarter of 2025.
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Flowers Foods agrees to acquire Purposeful Foods Holdings
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