Lancer Corporation (AMEX: LAN), a leading innovator, manufacturer and marketer of beverage dispensing systems serving customers worldwide and headquartered in San Antonio, Texas, engaged Lidji Dorey & Hooper to advise Lancer in its consideration of various offers for Lancer, which resulted in the sale of the company to Hoshizaki America, Inc., a subsidiary of Hoshizaki Electric Co. Ltd. and one of the world’s largest manufacturers of commercial kitchen equipment.
