Front Runners: Penford Corporation (PENX), CSR plc (CSRE), Alpha Pro Tech (APT), Lakeland Industries (LAKE)
October 15, 2014 at 13:12 PM EDT
Shares of Penford Corporation (PENX) surged 70.88% to $18.78 this morning after Ingredion (INGR), a maker of high-fructose corn syrup, announced its plans to acquire Penford for about $340M, or $19.00/share in cash. “After a thorough process and careful consideration, the Penford Board and management team believe this transaction will maximize value for Penford shareholders,” […] View the full post at: Front Runners: Penford Corporation (PENX), CSR plc (CSRE), Alpha Pro Tech (APT), Lakeland Industries (LAKE) No related posts.