Snyder’s-Lance, Inc. (Nasdaq:LNCE) announced today that it will
release its fourth quarter and full-year 2017 financial results
before the market opens on Wednesday, February 28, 2018. The
press release containing the results will be found on the Investor
Relations section of the Company’s website at
www.snyderslance.com. Due to the pending acquisition by
Campbell Soup Company, Snyder’s-Lance, Inc. will not host a
conference call to discuss the results.
About Snyder’s-Lance,
Inc.Snyder's-Lance, Inc., headquartered in Charlotte, NC,
manufactures and markets snack foods throughout the United States
and internationally. Snyder's-Lance's products include pretzels,
sandwich crackers, pretzel crackers, potato chips, cookies,
tortilla chips, restaurant style crackers, popcorn, nuts and other
snacks. Products are sold under the Snyder's of Hanover®, Lance®,
Kettle Brand®, KETTLE® Chips, Cape Cod®, Snack Factory® Pretzel
Crisps®, Pop Secret®, Emerald®, Late July®, Krunchers! ®, Tom's®,
Archway®, Jays®, Stella D'oro®, Eatsmart Snacks™, O-Ke-Doke®,
Metcalfe’s skinny®, and other brand names along with a number of
third party brands. Products are distributed nationally through
grocery and mass merchandisers, convenience stores, club stores,
food service outlets and other channels. For more information,
visit the Company's corporate web site: www.snyderslance.com.
LNCE-E
Investor ContactKevin Powers,
Senior Director, Investor Relations & Communications
kpowers@snyderslance.com, (704) 557-8279
Media ContactJoey Shevlin,
Director, Corporate Communications & Public
AffairsJShevlin@snyderslance.com, (704) 557-8850
Important Information For Investors And
ShareholdersThis communication does not constitute an
offer to buy or sell or the solicitation of an offer to buy or sell
any securities or a solicitation of any vote or approval. This
communication relates to a proposed acquisition of Snyder’s-Lance,
Inc. (the “Company”) by Campbell Soup Company. In
connection with this transaction, the Company will file relevant
materials with the Securities and Exchange Commission (the
“SEC”). INVESTORS AND SECURITY HOLDERS OF THE
COMPANY ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS
THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF
AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. Any definitive proxy statement(s) (when available)
will be mailed to shareholders of the Company. Investors and
security holders will be able to obtain free copies of these
documents (when available) and other documents filed with the SEC
by the Company through the website maintained by the SEC at
http://www.sec.gov. Copies of the documents filed with the SEC by
the Company will be available free of charge on the Company’s
internet website at http://ir.snyderslance.com/sec.cfm or by
contacting the Company’s Investor Relations Department by email at
kpowers@snyderslance.com or by phone at 704-557-8279.
PARTICIPANTS IN THE SOLICITATIONThe Company,
its directors and certain of its executive officers may be
considered participants in the solicitation of proxies from the
Company’s shareholders in connection with the proposed transaction.
Information about the directors and executive officers of the
Company is set forth in its Annual Report on Form 10-K for the year
ended December 31, 2016, which was filed with the SEC on February
28, 2017, its proxy statement for its 2017 annual meeting of
shareholders, which was filed with the SEC on March 27, 2017, its
Quarterly Report on Form 10-Q for the quarter ended September 30,
2017, which was filed with the SEC on November 9, 2017, and in
other documents filed with the SEC by the Company and its officers
and directors. These documents can be obtained free of charge from
the sources indicated above. Additional information regarding the
participants in the proxy solicitations and a description of their
direct and indirect interests, by security holdings or otherwise,
will be contained in the proxy statement and other relevant
materials in connection with the transaction to be filed with the
SEC when they become available.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTSCertain statements in this communication
regarding the proposed acquisition of the Company, including any
statements regarding the expected timetable for completing the
proposed transaction, benefits of the proposed transaction, future
opportunities, future financial performance and any other
statements regarding future expectations, beliefs, plans,
objectives, financial conditions, assumptions or future events or
performance that are not historical facts are “forward-looking”
statements made within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. The words “aim,” “anticipate,” “believe,”
“could,” “ensure,” “estimate,” “expect,” “forecasts,” “if,”
“intend,” “likely” “may,” “might,” “outlook,” “plan,” “positioned,”
“potential,” “predict,” “probable,” “project,” “should,”
“strategy,” “will,” “would,” and similar expressions, and the
negative thereof, are intended to identify forward-looking
statements.
All forward-looking information are subject to
numerous risks and uncertainties, many of which are beyond the
control of the Company, that could cause actual results to differ
materially from the results expressed or implied by the statements.
These risks and uncertainties include, but are not limited to:
failure to obtain the required vote of the Company’s shareholders;
the timing to consummate the proposed transaction; the risk that a
condition to closing of the proposed transaction may not be
satisfied or that the closing of the proposed transaction might
otherwise not occur; the risk that a regulatory approval that may
be required for the proposed transaction is not obtained or is
obtained subject to conditions that are not anticipated; the
diversion of management time on transaction-related issues; and
risk that the transaction and its announcement could have an
adverse effect on the Company’s ability to retain customers and
retain and hire key personnel. Additional information
concerning these and other risk factors can be found in the
Company’s filings with the SEC and available through the SEC’s
Electronic Data Gathering and Analysis Retrieval system at
http://www.sec.gov, including the Company’s most recent Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K. The foregoing list of important factors is not
exclusive. The Company’s forward-looking statements are based on
assumptions that the Company believes to be reasonable but that may
not prove to be accurate. The Company assumes no obligation to
update or revise any forward-looking statements as a result of new
information, future events or otherwise, except as may be required
by law. Readers are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date
hereof.
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