Post Foods to buy Dakota Growers Pasta for $370m
date:Sep 17, 2013
y vice president and general manager Ed Irion.

The acquisition will be financed through a combination of cash on hand and up to $200m in committed debt financing.

Post chairman and CEO William P. Stiritz said: With Dakota Growers, Post continues to expand its portfolio into segments of the overall food industry where it sees opportunities to grow and diversify its strong cash flow.

The transaction, which is subject various closing conditions, is expected to be completed in January 2014, contr
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