Company: THS
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0001320695-25-000112
Chunk: 1

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-12
Form: 8-K
Item: Item 1.01
Chunk 1
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 the right to receive (i) a cash payment equal to the Per Share Amount and (ii) one CVR, in each case, for each share of TreeHouse Common Stock underlying the vested portion of such restricted stock unit or performance share unit.

Consummation of the Merger is subject to the satisfaction or waiver of customary conditions, including: (a) absence of any applicable restraining order or injunction prohibiting the Merger; (b) the approval by the affirmative vote of the holders of a majority of the voting power of the outstanding shares of TreeHouse Common Stock; and (c) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and approval under Canadian antitrust laws. Each party’s obligation to consummate the Merger is subject to certain other conditions, including (i) the accuracy of the other party’s representations and warranties, subject to specified materiality qualifiers and (ii) the other party’s performance in all material respects with its covenants.

The Merger Agreement contains customary representations, warranties, and covenants, including, among others, covenants: (i) that each of the parties use its reasonable best efforts to cause the Merger to be consummated; (ii) that require the parties to take actions that may be required in order to obtain required antitrust approvals; and (iii) that require TreeHouse (a) to, subject to certain restrictions, operate its business in the ordinary course of business consistent with past practice during the period between the execution of the Merger Agreement and the Effective Time, (b) not to solicit, initiate or knowingly encourage or facilitate the making of any inquiries or proposals relating to alternate transactions or, subject to certain exceptions, engage in any discussions or negotiations with respect thereto, and (c) to convene a meeting of TreeHouse’s stockholders and to solicit proxies from its stockholders in favor of the adoption of the Merger Agreement.

The Merger Agreement contains certain termination rights and provides that, upon termination of the Merger Agreement under specified circumstances, including a termination by Investindustrial following a change in the recommendation of the board of directors of TreeHouse, a termination of the Merger Agreement by TreeHouse to enter into an agreement for a “superior proposal” or a termination by Investindustrial as a result of TreeHouse’s breach of its non-solicit covenant, TreeHouse will pay Investindustrial a cash termination fee of $40,