McCormick (MKC) shares drop 6% despite Q1 beat as investors weigh a $44.8B merger with Unilever’s food business. Get the deal details here.
The deal, which involves a $15.7 billion cash payout, appears to have sparked immediate concerns over the company’s future debt load and equity dilution.
Details
The company reported first-quarter adjusted earnings per share of 66 cents, beating the … [2756 chars]
Source: Benzinga | Published: 2026-03-31T16:44:38Z
Credit: Benzinga
