Landec (LNDC +4.2%) shares pop after the developer of polymer products for the food and...

|About: Landec Corporation (LNDC)|By:, SA News Editor

Landec (LNDC +4.2%) shares pop after the developer of polymer products for the food and agriculture industries announces the acquisition of GreenLine Foods for $63M in cash with no assumed debt. The company increases revenue guidance to reflect the acquisition.