Arbor’s sale of Rise Baking is said to hit second round

Arbor Investments, Rise Baking, food, private equity, merger, M&A, bakery
Photo of oatmeal cookies with a glass of milk courtesy of Dan Meshkov/iStock/Getty Images
Arbor Investments’ sale of Rise Baking Co is heating up. The auction is in the second round, with private equity firms and strategics vying for the Minneapolis baking company, three sources said. Final bids have not been set but are expected in early ...

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