Lance, Inc. (LNCE) said it completed the previously announced purchase of the Stella D'oro brand as well as certain manufacturing equipment and inventory from Stella D'oro Biscuit Co., Inc. Terms of the purchase agreement were not disclosed.
Lance used available liquidity under its current credit facilities to fund the acquisition.
Stella D'oro is a brand in the specialty cookie segment.
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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.