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Benzinga
Benzinga
Business
Triveni Kothapalli

TreeHouse Foods To Go Private In $2.9 Billion Cash Deal

TreeHouse Foods Treehouse TreeHouse Foods Inc THS
TreeHouse Foods Inc.

TreeHouse Foods Inc. (NYSE:THS) shares rose Monday after announcing an acquisition agreement with Industrial F&B Investments III Inc.

The company reported its third-quarter adjusted earnings of 43 cents per share, missing analysts’ average estimate of 57 cents, down from 74 cents a year earlier.

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