Sovos Brands Stockholders Vote to Approve Acquisition by Campbell
2023年10月17日 - 5:30AM
Sovos Brands, Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO)
today announced that its stockholders, at a Special Meeting of
Stockholders held earlier today, approved the previously announced
acquisition of the Company by Campbell Soup Company (“Campbell”)
(NYSE:CPB). 92.38% of the Company’s outstanding shares were voted,
with 99.99% of the votes cast in favor of the proposal. Under the
terms of the merger agreement, Campbell will acquire all the
outstanding shares of Sovos Brands, Inc. for $23.00 per share in
cash. The Company will be filing the final voting results on a Form
8-K with the Securities and Exchange Commission.
The closing of the transaction remains subject to various
closing conditions, including regulatory approval. The Company
expects that the transaction will close during the fourth quarter
of 2023, assuming that the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to
the merger has expired or been terminated in this period.
About Sovos Brands, Inc.Sovos Brands, Inc. is a
consumer-packaged food company focused on acquiring and building
disruptive growth brands that bring today’s consumers great tasting
food that fits the way they live. The Company’s product offerings
include a variety of pasta sauces, dry pasta, soups, frozen
entrées, frozen pizza and yogurts, all of which are sold in North
America under the brand names Rao’s, Michael Angelo’s and noosa.
All Sovos Brands’ products are built with authenticity at their
core, providing consumers with one-of-a-kind food experiences that
are genuine, delicious, and unforgettable. The Company is
headquartered in Louisville, Colorado. For more information on
Sovos Brands and its products, please visit
www.sovosbrands.com.
ContactsInvestors: Joshua
Levine IR@sovosbrands.com
Media:Lauren Armstrong
media@sovosbrands.com
Cautionary Statement Regarding Forward-Looking
Statements
Certain statements in this press release
regarding the proposed transaction, including any statements
regarding the expected timetable for completing the proposed
transaction, and any other statements regarding future expectations
or future events or outcomes that are not historical facts are
“forward-looking” statements made within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.
All forward-looking information is subject to
numerous risks and uncertainties, many of which are beyond the
control of the Company or Campbell, that could cause actual results
to differ materially from the results expressed or implied by the
statements. These risks and uncertainties include, but are not
limited to: the timing to consummate the proposed transaction; the
risk that a condition to closing of the proposed transaction may
not be satisfied or that the closing of the proposed transaction
might otherwise not occur; the diversion of management time on
transaction-related issues; and the risk that the transaction and
its announcement could have an adverse effect on the Company’s
ability to retain customers and retain and hire key personnel.
Additional information concerning these and other risk factors can
be found in the Company’s filings with the SEC and available
through the SEC’s Electronic Data Gathering and Analysis Retrieval
system at http://www.sec.gov, including the Company’s Definitive
Proxy Statement relating to the proposed transaction filed on
September 13, 2023, the Company’s Definitive Additional Materials
filed on October 10, 2023, the Company’s most recent Annual Report
on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on
Form 8-K. The foregoing list of important factors is not
exclusive.
Forward-looking statements represent
managements’ beliefs and assumptions only as of the date of this
communication. The Company disclaims any obligation to update
forward-looking statements except as required by law.
Sovos Brands (NASDAQ:SOVO)
過去 株価チャート
から 8 2024 まで 9 2024
Sovos Brands (NASDAQ:SOVO)
過去 株価チャート
から 9 2023 まで 9 2024