E-mail
Print
HANOVER, Pa. -
The deal is off for a central Pennsylvania snack food company's plan to buy its nearby competitor.
Utz Quality Foods and Snyder's of Hanover said they have halted their merger efforts.
The companies cited a "protracted review" process from the Federal Trade Commission as the cause of the breakup, according to The Evening Sun in Hanover.
Snyder's had announced on Oct. 21 that it planned to acquire Utz. Company officials hoped the deal would be done by the end of the year.
Both companies are privately held. They are located in Hanover, York County, and make pretzels, potato chips and other salty snacks.
Utz Quality Foods and Snyder's of Hanover said they have halted their merger efforts.
The companies cited a "protracted review" process from the Federal Trade Commission as the cause of the breakup, according to The Evening Sun in Hanover.
Snyder's had announced on Oct. 21 that it planned to acquire Utz. Company officials hoped the deal would be done by the end of the year.
Both companies are privately held. They are located in Hanover, York County, and make pretzels, potato chips and other salty snacks.
Digg
Twitter
Facebook
StumbleUpon
With all due respect to faninMaryland, Utz makes the very best chips!
BarbaraCooney (11/05/2009, 9:25 PM )