May 17, 2007 / 6:49 PM / 12 years ago

Inventure Group acquires Rader Farms for $21 million

May 17 (Reuters) - Snack foods maker Inventure Group Inc. SNAK.O said it acquired substantially all assets of Rader Farms Inc., a provider of fruit products, for about $21 million in cash.

The deal, to be funded by debt and existing cash, would immediately boost earnings, Inventure said in a statement. (Reporting by Manish Gupta in Bangalore)

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