Lassonde Makes Big Acquisition!Given I am posting this here you are likely thinking the controlling shareholder finally ponied up the big bucks for North America's best wineries. $100 per DWS share!
Just kidding. Lassonde is to acquiring a company though, just not DWS.
Its the Summer Garden Food Manufacturing ("Summer Garden"), a U.S.-based manufacturer and distributor of specialty food, for a consideration of US$235.0 million, payable at closing. By way of additional consideration, a further amount of up to US$45.0 million may be payable over the next three years, should certain financial targets be achieved and other conditions met.