Cal-maine foods closes acquisition of echo lake foods

Ridgeland, miss.--(business wire)--cal-maine foods, inc. (nasdaq: calm) (“cal-maine foods” or the “company”), today announced the closing of its acquisition of echo lake foods. the company announced in april that it signed a definitive agreement to acquire echo lake foods in an all-cash transaction for approximately $258 million, which is expected to provide a tax benefit of ~$28 million equating to an effective purchase price of ~$230 million. echo lake foods produces, packages, markets and di.
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