US snack maker Lance and pretzel firm Snyder’s of Hanover have received clearance from the US Federal Trade Commission for their proposed merger.The firms announced the deal last month, in a transaction that will combine the two firms in a stock-for-stock merger of equals, creating a company to be called Snyder’s-Lance. The merger is expected to be completed in the fourth quarter of this year and is still subject to shareholder approval by Lance and Snyder’s stockholders and the... ...Read more »

US snack maker Lance has signed an agreement to merge with pretzel firm Snyder’s of Hanover.The deal, announced last night, will combine the two firms in a stock-for-stock merger of equals that will create a company to be called Snyder’s-Lance. “This transaction allows us to create a stronger company in a highly competitive industry and simultaneously create value for our shareholders,” said David Singer, president and CEO of Lance. In addition to brands including Lance, Snyder’s... ...Read more »