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General Mills Buying Mac And Cheese Maker Annie's
2014-09-09 00:54:34| Food - Topix.net
Packaged food giant General Mills is buying Annie's, the maker of rabbit-shaped mac and cheese, adding to its natural and organic packaged offerings as consumers' tastes change. General Mills Inc., the company behind Pillsbury dough, Progresso soups, Yoplait yogurts and Cinnamon Toast Crunch cereal, is trying to cut cost and has tweaked its recipes as sales stagnate.
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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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General Mills will pay $820M for Annie's Homegrown organic foods
2014-09-09 00:54:32| Food - Topix.net
General Mills is buying Annie's Homegrown, one of the largest and longest-standing organic and natural brands in the U.S. General Mills will buy Annie's for $46 a share, the Golden Valley-based food manufacturer said after markets closed Monday. Annie's stock ended the day at $33.51, but was near $46 in after-hours trading.
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US: Dollar General mulls next move after rival shuns bid
2014-09-08 18:57:00| Daily apparel & textile news and comment - from just-style.com
US discount retailer Dollar General is mulling its next step, after its improved bid for rival Family Dollar was rejected on the basis of antitrust regulatory considerations.
General Electric Sells Appliance Business For $3.3 Billion
2014-09-08 17:12:02| Appliances - Topix.net
General Electric announced the sale of its storied appliance to with Sweden's Electrolux , in a $3.3 billion transaction that also includes the sale of GE's 48.4% stake in Mexican appliance company, Mabe. GE had a product development and manufacturing joint venture with the Mexican firm.
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