These Chips Are Scorching Hot: Utz Soars 90% On Take-Private Deal

These Chips Are Scorching Hot: Utz Soars 90% On Take-Private Deal Chips are scorching hot on Tuesday, but not the kind made by Nvidia, AMD or Intel. Shares of Utz Brands, the Hanover, Pennsylvania-based snack maker known for its potato chips, cheese balls and red-and-white "Little Utz Girl" logo, erupted after European snack giant Intersnack agreed to take the company private. Utz Brands surged 90% after European snack maker Intersnack agreed to take the potato-chip producer ...

By Tyler Durden