After 99 years as a family-owned company, Utz Quality Foods is going public through a merger with a special purpose acquisition company.
The newly formed Utz Brands will begin trading Monday on the New York Stock Exchange with the ticker "UTZ."Utz Quality Foods gained market share as consumers stockpiled its pretzels and potato chips for quarantine snacks at the start of coronavirus lockdowns, helped by its direct-store delivery model.
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