GloRilla's $4 Unbeatable Meal Deal features a customer choice of three sandwiches—the Cheese Double, the Spicy Chicken Sandwich or the limited-time Glo's BBQ Jacked Burger.
Net proceeds from the transaction will be used to repay $100 million of debt in the current quarter and are expected to reduce Neogen's net leverage by approximately 0.4x on a pro forma basis.
Neogen completes the divestiture of its global cleaners and disinfectants business to Kersia Group for $130 million in cash at closing, plus contingent consideration tied to future performance of the business.