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$NGTF news NightFood Reaches Agreement to Acquire

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Post# of 17885
Posted On: 12/02/2016 9:16:09 AM
Posted By: cherrob
$NGTF news NightFood Reaches Agreement to Acquire Suffield Foods

Marketwired MarketwiredDecember 2, 2016 TARRYTOWN, NY--(Marketwired - Dec 2, 2016) - NightFood Holdings, Inc. ( OTC PINK : NGTF ), a fully reporting "better-for-you" snack company, today announced that it has agreed to terms and signed a definitive agreement to acquire Suffield Foods, LLC, and Hook Marketing, LLC, contingent upon NightFood providing ongoing operating capital for Suffield operations.

Hook has been granted a license to manufacture and distribute Fiber One™ ice cream, and conducts operations through its subsidiary, Suffield.

"Over the last several months, we have had acquisition discussions with numerous companies in the snack space. We believe this deal with Suffield represents a tremendous opportunity, and I look forward to working with the Suffield team to help make Fiber One™ ice cream available to retailers and consumers across the country," stated NightFood CEO Sean Folkson.

Full Release: http://finance.yahoo.com/news/nightfood-reach...00714.html


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