Snyders-Lance (LNCE +11.7%) spiked higher after last night's announced acquisition of Snack...

|By:, SA News Editor

Snyders-Lance (LNCE +11.7%) spiked higher after last night's announced acquisition of Snack Factory and certain affiliates for $340M in cash, adding the fast-expanding Pretzel Crisps brand to the snack company's portfolio. The deal is expected to close early in Q4 and will add ~$0.02 to adjusted EPS in 2012 and ~$0.10 in 2013.