Mario Gabelli Comments on WhiteWave Foods Inc.

- By Holly LaFon

WhiteWave Foods Inc. (1.7%) (WWAV - $55.60 - NASDAQ) (WWAV) is a food and beverage company based in Denver, Colorado. WhiteWave focuses on branded plant based food and beverages. Two of its most popular product lines are the "Silk" Almond Milk, and "So Delicious" branded products. WhiteWave agreed to be acquired by Danone for $56.25 cash per share in a $12.5 billion merger. Shareholders already approved the merger and regulatory approval is pending. The merger is expected to close in the first quarter of 2017.

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• WWAV 15-Year Financial Data

• The intrinsic value of WWAV

• Peter Lynch Chart of WWAV

From Mario Gabelli (Trades, Portfolio)'s ABC Fund fourth quarter 2016 commentary.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 5 Warning Signs with JOY. Click here to check it out.

• WWAV 15-Year Financial Data

• The intrinsic value of WWAV

• Peter Lynch Chart of WWAV