American Brands has agreed to sell its...
- Share via
American Brands has agreed to sell its Sunshine Biscuits unit to privately held G. F. Industries, the marketer of Granny Goose snack foods, for cash. The companies declined to disclose details of the deal. Earlier in the month, American Brands successfully fended off E-II Holdings’ takeover attempt by buying it for $2.7 billion. American Brands had put Sunshine Biscuits and its Andrew Jergens unit on the block before the E-II battle began.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
