Notable Mergers and Acquisitions of the Day 07/01: (HRL) (COO) (EZCH) (ENV) - InvestingChannel

Notable Mergers and Acquisitions of the Day 07/01: (HRL) (COO) (EZCH) (ENV)

* Hormel Foods (NYSE: HRL) has entered into a definitive agreement to acquire CytoSport Holdings, Inc., maker of Muscle Milk® products. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 30 days.

As a leading provider of premium protein products in the sports nutrition category, CytoSport’s brands align with the company’s focus on protein while further diversifying the Hormel Foods portfolio.

Based in Benicia, Calif., CytoSport was founded in 1998 by the Pickett family, and produces Muscle Milk® products, the No. 1 brand in the ready-to-drink

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