General Mills bought Blue Buffalo in 2018. At the time, some industry watchers were concerned that the consumer staples giant overpaid for the company , which was the leading provider of healthy ...

General Mills will pay $40 per Blue Buffalo share, representing a premium of 17.2 percent to the pet food company's Thursday closing price. Blue Buffalo shares were trading higher at $40.15 before ...

Seeking a growth driver, General Mills targeted and acquired Blue Buffalo for $8 billion in early 2018. The Blue Buffalo brand added an immediate shot to the arm of General Mills, and the brand ...

General Mills said the $30 billion U.S. market for pet food is growing at an annual rate of about 3% to 4%. "Wholesome" products make up 10% of that market but are gaining market share.

MINNEAPOLIS, April 24, 2018 /PRNewswire/ -- General Mills, Inc. (NYSE: GIS) today announced it has completed the acquisition of Blue Buffalo Pet Products, Inc. for $40 per share in an all-cash ...

General Mills learned some valuable lessons about fresh dog food after Blue Buffalo tested the concept a few years ago at a handful of retailers. First, the good boys and girls love it. “They ...

General Mills, based in Minneapolis, will finance the deal with debt, cash on hand and about $1 billion in equity. The price represents a 23 percent premium to Blue Buffalo's 60-day volume ...

When General Mills bought Blue Buffalo, investors weren't pleased. That acquisition looks like a winner today, but the company isn't done yet. General Mills Proved the Doubters Wrong on Pet Food ...

Blue Buffalo, General Mills’ pet food line, encountered unexpected disruption as retailers drew down inventories this fall. The company expects sales growth to resume in the months ahead.

General Mills was punished by analysts, investors and the ratings agencies for the Blue Buffalo deal. The stock is down 25% since the announcement.

General Mills, whose food brands include Cheerios and Yoplait, will pay $40 per Blue Buffalo share. That's a 17 percent premium to the pet food company's Thursday closing price of $34.12.

General Mills Inc. said Friday it's purchasing pet foods maker Blue Buffalo Inc. for $40 a share in cash, or roughly $8 billion. General Mills said the deal will immediately add to its net sales ...