Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 30

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 30
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 agreements contained in the Merger Agreement as of the closing of the Merger, including, with respect to us, covenants to conduct our business in the ordinary course of business and to refrain from taking certain types of actions without the consent of Investindustrial.

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Uncertainties associated with the Merger could adversely affect our business, results of operations, financial condition and stock price.

The announcement and pendency of the Merger, as well as any delays in the expected timeframe, could cause disruption and create uncertainties, which could have an adverse effect on our business, results of operations financial condition and stock price, regardless of whether the Merger is completed. These risks include, but are not limited to:

•an adverse effect on our relationship with suppliers, payors, customers and personnel, including if our suppliers, payors, customers or others attempt to negotiate changes in existing business relationships, consider entering into business relationships with parties other than us, delay or defer decisions concerning their business with us, or terminate their existing business relationships with us during the pendency of the Merger;

•distraction of our current personnel as a result of the Merger, which could result in a decline in their productivity or cause distractions in the workplace;

•difficulties attracting and retaining key personnel;

•a diversion of a significant amount of management time and resources towards completion of the Merger;

•being subject to certain restrictions on the conduct of our business;

•possibly foregoing certain business opportunities or strategic transactions that we might otherwise pursue absent the pending Merger;

•significant or unexpected costs, charges or expenses resulting from the proposed Merger, including the requirement that we pay a termination fee, if the Merger Agreement is validly terminated under certain circumstances;

•uncertainties related to the continued availability of capital and financing and rating agency actions;

•uncertainties related to the value of the Contingent Value Rights (“CVRs”) to be issued in the Merger;

•potential litigation relating to the Merger that could prevent or delay the Merger or otherwise negatively impact the Company’s business; and

•other developments beyond our control, including, but not limited to, changes in domestic or global and general and industry-specific economic and market conditions that may affect the timing or success of the Merger.

Lawsuits may be filed against us and the members of our Board of Directors arising out of the proposed Merger, which may delay or prevent the proposed Merger or otherwise negatively affect our business and operations.

Putative stockholder complaints,