Annie’s, Inc.Annie's, Inc. • September 22nd, 2014 • Food and kindred products
We are pleased to inform you that, on September 8, 2014, Annie’s, Inc. (“Annie’s”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with General Mills, Inc. (“General Mills”) and Sandy Acquisition Corporation, a wholly owned subsidiary of General Mills (“Purchaser”). In accordance with the Merger Agreement, Purchaser has today commenced a tender offer (the “Offer”) to purchase all of the outstanding shares of our common stock, par value $0.001 per share (“Common Stock”), at a purchase price of $46.00 per share (the “Offer Price”), net to the seller in cash, without interest and less any required withholding taxes.
Dear Colleagues,Annie's, Inc. • September 22nd, 2014 • Food and kindred products
As you are aware, on September 8, 2014, the Company entered into a merger agreement with General Mills, Inc. (“General Mills”). Under the terms of the merger agreement, a subsidiary of General Mills (“Purchaser”) is offering to purchase all of the outstanding shares of Company common stock for a price of $46.00 per share, without interest and subject to applicable withholding taxes (the “offer”). Following the closing of the offer and the satisfaction of the conditions to closing described in the merger agreement, Purchaser will be merged with and into the Company (the “merger”).
