It finally happened. On September 8th, after months of speculation over whether or not Annie’s would be “taken out” by one of the large, diversified food companies, General Mills announced the acquisition of Annie’s for a whopping $820 million. Annie’s is a very expensive acquisition for General Mills at more than 3.8x revenues, but it highlights the robustness of the current M&A market and clearly shows that if you want to acq
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