McCormick announces $500 million stock offering to fund $4.2 billion acquisition

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McCormick & Co. Inc. announced a $500 million stock offering Monday that will help fund its planned acquisition of the iconic Frank’s RedHot Hot Sauce and French’s Mustard brands.

The Sparks-based spice and flavorings maker said last month it plans to buy the food business of United Kingdom-based…

fromhttp://www.baltimoresun.com/business/bs-bz-mccormick-stock-offering-20170807-story.html

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