Reuters: Mergers News: Flowers Foods to buy Lepage Bakeries for $370 mln

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Flowers Foods to buy Lepage Bakeries for $370 mln May 31st 2012, 11:42 Thu May 31, 2012 7:42am EDT May 31 (Reuters) - Flowers Foods Inc on Thursday said it will buy Lepage Bakeries Inc for about $370 million in cash and stock to expand its bakery products portfolio. The deal will add about 3 cents to 5 cents per share to Flower Foods' earnings in 2012 and about 8 cents to 12 cents per share in 2013, Flowers Foods said.

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