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Annie's agrees to sell itself to General Mills for $820 million

2014-09-09 00:54:33| Food - Topix.net

Annie's, a maker of natural and organic foods that went public in 2012, said Monday it has agreed to sell itself to General Mills in a deal valued at $820 million that shows the health food phenomenon remains robust. General Mills agreed to pay $46 a share for Annie's, which staged an initial public offering in March 2012 that priced the company's shares at $19 each and raised $95 million.

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