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Snyder’s-Lance

Campbell plans to buy Snyder’s-Lance for $4.9 billion

Campbell plans to buy Snyder’s-Lance for $4.9 billion

CAMDEN, N.J., and CHARLOTTE, N.C. — Campbell Soup Co. has agreed to acquire snack maker Snyder’s-Lance in a deal valued at about $4.9 billion. Campbell said the $50-per-share agreement will further its efforts to grow its snack product portfolio, notably better-for-you snacking options. The Snyder’s-Lance brand roster includes such well-known names as Snyder’s of Hanover,

Snyder’s-Lance to acquire Diamond Foods

Snyder’s-Lance to acquire Diamond Foods

CHARLOTTE, N.C., and SAN FRANCISCO — Snyder’s-Lance Inc. plans to buy Diamond Foods Inc. in a cash and stock deal valued at about $1.91 billion. The companies said Wednesday that the agreement, which includes the assumption of about $640 million in debt, will create a complementary, diversified portfolio of branded snack products. Diamond’s roster of snack brands