Deal Dispatch: TV Stations For Sale, This Buyer Wants Seconds On Pasta
Benzinga
JUNE 6, 2025
Post plans to wipe out 8th Avenue's net debt and pick up the tab for all equity interests, including $111 million in finance leases. All in, the transaction is expected to cook up $15 million in annual synergies by the end of fiscal 2026. If Post closes by July 1, it expects 2026 to be more profitable.
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