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Pinnacle Foods to buy Colo. company for $710M

Posted online November 25, 2015 | 12:47 pm

New Jersey-based Pinnacle Foods Inc. (NYSE: PF) announced yesterday plans to buy Boulder, Colo., packaged-foods company Boulder Brands (Nasdaq: BDBD).

The deal includes $265 million in debt, bringing the total value of the purchase to $975 million.

The companies expect to close the deal in the first quarter next year.

Read more from BizWest.

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