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Stock impact report

The Simply Good Foods Company to Acquire Only What You Need (OWYN)

The Simply Good Foods Company (SMPL) 
Last the simply good foods company earnings: 4/6 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Adds a fast-growing, on trend, ready-to-drink protein shake brand to Simply Good Foods’ portfolioA scalable, growth-oriented complementary brand with a large and growing addressable marketOWYN is the leading plant-based, allergen-free RTD protein shake in the marketplaceManagement will host a conference call and webcast today at 5:00 p.m. ET DENVER and NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, and Only What You Need (“OWYN”), a leading plant-based ready-to-drink (“RTD”) protein shake brand, today announced that the companies have entered into a definitive agreement under which Simply Good Foods will acquire OWYN for $280 million in cash. Only What You Need is the fastest growing1 RTD protein shake brand in the market and enhances Simply Good Foods’ portfolio with further diversification and pro Show less Read more
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