October 10, 2016 / 12:46 PM / in 9 months

BRIEF-Advancepierre foods acquires Allied Specialty Foods, inc.

1 Min Read

Oct 10 (Reuters) - Advancepierre Foods Holdings Inc :

* Advancepierre foods acquires Allied Specialty Foods, Inc.

* Advancepierre Foods Holdings Inc - deal for $60 million in cash, subject to certain post-closing adjustments

* Advancepierre Foods Holdings Inc says advancepierre funded total purchase price entirely from existing cash

* Advancepierre Foods Holdings Inc - company expects acquisition will be accretive to fiscal 2017 earnings per share by $0.07 - $0.09

* Advancepierre Foods Holdings Inc - Advancepierre funded total purchase price entirely from existing cash Source text for Eikon: Further company coverage:

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