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Landec Corporation (LNDC)

- NASDAQ
  • Apr. 23, 2012, 12:23 PM
    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.
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Company Description
Landec Corp and its subsidiaries design, develop, manufacture and market differentiated products in food and biomedical materials markets and license technology applications to partners.