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Bite Acquisition Corp. (BITE) to Combine with Above Food in $319M Deal

Bite Acquisition Corp. (BITE) to Combine with Above Food in $319M Deal

Bite (NYSE:BITE) has entered into a definitive agreement to combine with plant-based food producer Above Food at an enterprise value of $319 million, or 13.6x its 2024E adj. EBITDA. The Regina, Canada-based Above Foods had developed a vertically-integrated agricultural platform to produce grains for sustainable consumer products from seed to table. The combined company is
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