icee and minute maid frozen beverage parent jj snack foods corp jjsf announced thursday an agreement to buy flashfrozen beaded ice cream maker dippin dots llc for 222 million the deal which is expected to close by the end of june will be funded through cash and debt financing the deal is expected to add to 30 cents to 40 cents to earnings per share in the first 12 months after closing dippin dots aligns perfectly with jjs portfolio strategy by adding an iconic differentiated brand that uniquely complements our frozen novelty and frozen beverage businesses said jj chief executive dan fachner jjs stock which is still inactive in premarket trading has dropped 248 year to date while the sp 500 spx has declined 177