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An update from Simply Good Foods (SMPL) is now available.
Simply Good Foods USA, Inc. is set to acquire 100% of Only What You Need, Inc. for $280 million, with adjustments based on financial metrics at closing. This strategic move, expected to be completed by August 27, 2024, is subject to regulatory approvals and customary closing conditions, with no financing contingency as the company plans to use a mix of cash reserves and committed financing for the purchase. The agreement includes typical clauses such as representations, warranties, and indemnities, but investors are cautioned to consider the broader context of company filings for accurate information.
Learn more about SMPL stock on TipRanks’ Stock Analysis page.
