Snyder's-Lance postpones release of financials
Feb. 8, 2011
by Eric Schroeder
CHARLOTTE, N.C. — Snyder’s-Lance, Inc. has postponed the release of its 2010 financial results and a conference call to discuss results from Feb. 9 until Feb. 18.
“Given that the merger of equals with Snyder’s of Hanover, Inc. was closed at the end of the fourth quarter, additional time will be required to complete the consolidation of the financial results and to review the revaluation of the assets and liabilities of the Snyder’s of Hanover opening balance sheet,” the company said.
Snack makers Lance Inc. and Snyder’s of Hanover merged operations in December to form publicly traded Snyder’s-Lance.