TreeHouse Foods Acquired by Private Equity Firm Investindustrial for $1.2 Billion

TreeHouse Foods has officially gone private after private equity firm Investindustrial completed its acquisition of the company. The deal involves a cash payment of $22.50 per share, plus one non-transferable contingent value right per share, with a total equity value of approximately $1.2 billion. The acquisition closes a chapter in the company's history as a publicly traded entity.