Kansas City's Ward family received $1.506 billion for the sale of Russell Stover Candies Inc. in July, according to the annual report for new owner Chocoladefabriken Lindt & Sprüngli AG, which was released Tuesday.
The Swiss chocolatier's annual report provided the first public glimpse into the finances for the acquisition of Russell Stover. It showed a total purchase price of $1.5 billion, which broke down to $787.16 million for fair value of the acquired net assets and $719.45 million in goodwill.…
Kansas City's Ward family received $1.506 billion for the sale of Russell Stover Candies Inc. in July, according to the annual report for new owner Chocoladefabriken Lindt & Sprüngli AG, which was released Tuesday.
The Swiss chocolatier's annual report provided the first public glimpse into the finances for the acquisition of Russell Stover. It showed a total purchase price of $1.5 billion, which broke down to $787.16 million for fair value of the acquired net assets and $719.45 million in goodwill.…