Sunday, February 28, 2010

Snack Firm Diamond Foods to Buy Kettle - WSJ.com

Diamond Foods Inc. said Thursday it has agreed to acquire Kettle Foods from Lion Capital LLP for $615 million, a move that gives the snack-nuts producer a much bigger bite of the premium potato-chip market.

*Sold for approximately 2.5 times sales.

Posted via web from admore's posterous

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