Cal-Maine Foods Closes Acquisition of Echo Lake Foods

Cal-Maine Foods announced today the closing of its acquisition of Echo Lake Foods.

In April, it disclosed it had entered into a definitive agreement to acquire Echo Lake Foods in an all-cash transaction valued at approximately $258 million.

At the time, Cal-Maine CEO Sherman Miller said the acquisition would help diversify the company’s product mix, especially in light of ongoing egg shortages related to avian influenza. The deal also strengthens Cal-Maine’s position in the growing market for value-added...

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