Lance, Inc. (LNCE) on Tuesday announced that it has signed an agreement with Stella D'oro Biscuit Co., Inc. to buy the Stella D'oro brand and certain manufacturing equipment and inventory. Terms of the purchase agreement were not disclosed.
Lance will manufacture the Stella D'oro products in its Ashland, Ohio bakery. The company plans to close on the purchase early in the fourth quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.