BUFF +5.8% premarket<>General Mills (NYSE:GIS) is moving into the pet food business with a deal to buy Blue Buffalo (NASDAQ:BUFF) for roughly $8B in cash, CNBC reports.
The deal, which values the natural pet food company at $40 a share, is expected to be announced shortly.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.