Board Approves Aramark Buyout

Aramark has signed a definitive merger agreement under which a group led by Chairman/CEO Joseph Neubauer will acquire the company in a transaction valued at approximately $8.3 billion (including the assumption of approximately $2 billion in debt). The deal was unanimously approved by Aramark's board of directors but is contingent on the approval of its stockholders, as well as the appropriate regulatory bodies.

Under the terms of the agreement, Aramark stockholders will receive $33.80

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