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Utz Goes Private with Intersnack Deal | Harrisburg News
Published 3 weeks, 2 days ago
Description
Utz Brands is going private in a $920 million deal led by Intersnack Group, paying $14.25 per share — marking a major ownership shift as the European snack giant brings its global expertise to Utz, with CEO Howard Friedman excited about accelerated growth. The Rice and Lissette families will each hold 50% alongside Intersnack, setting the stage for a new era in snack innovation and expansion.
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