Aiming to form the country's No. 2 producer of salty snacks -- after PepsiCo's Frito-Lay unit -- Lance Inc. stockholders have approved a merger with Snyder's of Hanover, setting their joint venture in
place.
The merged companies will produce pretzels, sandwich crackers, potato chips, cookies, tortilla chips and nuts. The combined company will be based in Charlotte, N.C., at
Lance's current headquarters, but will have offices in Hanover, Pa.
Read the whole story at Ashland [N.C.] Times-Gazette »