Post Holdings will spend $1.15 billion to bulk up its presence in the market for bagged and hot cereals by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals. Post said Monday it will pay $1.05 billion in cash and give MOM Brands owners nearly 2.5 million shares of stock for the acquisition, which is expected to be completed in the third quarter.
One in ten bowls of breakfasts eaten every day here in the United States is made in Northfield, Minn.
“Cows, Colleges and Contentment.” When you drive into town on Highway 19 from the north, you’ll see this sign welcoming you to Northfield. Home to two liberal arts universities and surrounded by farmland fits two “C’s”. The final “C” is found in just about everything to see and do in this town. From one-of-a-kind shops to traveling back in time to bank-robbing gangster days, you’ll be more than content enjoying your time in Northfield.