We represented Bob Evans Farms, Inc. (Nasdaq: BOBE) as lead corporate counsel in connection with its acquisition by Post Holdings, Inc. (NYSE: POST). Post will acquire Bob Evans for approximately $1.5 billion. The transaction closed January 2018.
Bob Evans, headquartered in Columbus, Ohio, is a leading producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans and Owens brand names. Post, headquartered in St. Louis, Missouri, is a consumer packaged goods holding company operating in the center-of-the-store, foodservice, food ingredient, private label, refrigerated and active nutrition food categories.
Additional details about the agreement were outlined in the Law360 article, “Post Holdings Inks $1.5B Deal For Bob Evans Farms” (September 19, 2017).