Hershey buys Amplify Snack Brands

Is paying $12 per share for SkinnyPop parent company

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The Hershey Company has finalized a deal to acquire Amplify Snack Brands for $1.6 billion. The boards of both companies have agreed to the deal, in which Hershey will acquire all outstanding Amplify stock for $12 per share in cash. The deal is expected to close in the first quarter of 2018.

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