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Fly News Breaks for December 22, 2015
THS
Dec 22, 2015 | 09:03 EDT
BofA/Merrill said TreeHouse share weakness on funding concerns for the acquisition of ConAgra's private brands business is a buying opportunity. Analsyt Evan Morris said short-term funding is in place, but believes TreeHouse could also access the debt markets if it chose to. Morris remains favorable on both the strategic and financial merits of the deal and reiterates his Buy rating and $92 price target on shares.
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