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Flowers to acquire Lepage Bakeries for $370 million
date:Jun 01, 2012
once the transaction is accomplished, Mr. Deese said.

Flowers said the transaction will include the purchase by one of its wholly-owned subsidiaries of all the issued and outstanding shares of Lepage Bakeries, Inc. and certain of its affiliates in exchange for $300 million in cash at closing and $20 million in total deferred cash payments beginning on the fourth anniversary of the closing date. Additionally, the transaction will include the merger of certain other affiliates of Lepage with and

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