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Post Holdings to take over Ronzoni pasta owner 8th Avenue

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Post Holdings has reached a deal to take over Ronzoni pasta brand owner 8th Avenue Food & Provisions.

The company is buying the portion of 8th Avenue it doesn't already own for $880 million.

Post consolidated its private-label businesses in a transaction capitalized by Thomas H. Lee Partners to form 8th Avenue in 2018.

Read more from Just Food.

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