LANCASTER COLONY CORPORATION AND BARINGTON GROUP ANNOUNCE AGREEMENTGroup Announce Agreement • October 11th, 2007 • Lancaster Colony Corp • Canned, frozen & preservd fruit, veg & food specialties
COLUMBUS, Ohio and NEW YORK, New York – October 9, 2007 – Lancaster Colony Corporation (the “Company”) (Nasdaq: LANC) and a group of investors led by Barington Capital Group, L.P. (the “Barington Group”), which has reported beneficial ownership of approximately 5.6% of the Company’s outstanding shares, announced today that they have reached an agreement that will avoid a proxy contest at the Company’s 2007 Annual Meeting of Shareholders.
