B&G Foods,Inc. (NYSE:BGS) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On August19, 2017, B&G Foods North America,Inc., a wholly owned subsidiary of B&GFoods,Inc., entered into an equity purchase agreement to acquire Back to Nature Foods Company, LLC and related entities from Brynwood Partners VI L.P., Mondelez International and certain other sellers for approximately $162.5 million in cash, subject to customary closing and post-closing working capital adjustments. Subject to regulatory approval and the satisfaction of customary closing conditions, B&G Foods expects the acquisition to close during the third quarter of 2017. B&G Foods expects to fund the acquisition and related fees and expenses with additional revolving loans under its existing credit facility.
On August20, 2017, B&G Foods issued a press release announcing the foregoing. The information contained in the press release, which is attached to this report as Exhibit99.1, is incorporated by reference herein and is furnished to Item 7.01, “Regulation FD Disclosure.”
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 |
Press Release dated August20, 2017, furnished to Item 7.01. |