| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item |
Post to use revolver borrowings to help finance Bob Evans acquisition
By Sarah Lizee
Olympia, Wash., Sept. 19 – Post Holdings, Inc. intends to use borrowings under its revolving credit facility to help finance its acquisition of Bob Evans Farms, Inc. for $77.00 per share, according to a press release.
The equity value of the transaction is about $1.5 billion. The company will also use cash on hand for the purchase.
Post is a St. Louis-based consumer packaged goods holding company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.