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US: Potato-chip giant Utz to buy Golden Enterprises for $135M

Utz Quality Foods Inc., the family-owned Hanover, Pa.-based potato-chip and snack-food company that's been growing like a well-fed teenager, has agreed to pay about $135 million, or $12 a share, for Golden Enterprises Inc., the publicly traded Birmingham, Ala.-based maker of Golden Flake chips and other snack products. Golden employs about 700 at plants in Birmingham and Ocala, Fla. They will[Read More...]

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