Post to acquire MOM Brands

Post Holdings announced Monday that it has agreed to acquire rival MOM Brands Co. for $1.15 billion ($1.05 billion in cash and $100 million in stock).

MOM markets ready-to-eat and hot cereals, including Malt-O-Meal brand RTE cereals, such as Frosted Mini Spooners and Golden Puffs.


TAGS: Center Store
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish