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Diamond Foods, Inc. (DMND) Message Board

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  • paths_ca paths_ca Feb 9, 2012 5:32 PM Flag

    pg may hold to this deal

    PG was offering to sell this for for a long time. They received
    offers, but none were anywhere near to what dmnd offered. Also with
    the low number of shares outstanding dmnd to raise more money with
    equity if required. PG will not be wanting let go of this deal easily,
    because any other deal they find will not be as positive as this still
    is.

    I expect they will be quiet for a short while, as people are too
    emotional be be receptive, but once the restated financials are out
    then people will see they will not back out, but will continue to go
    forward with this.

 
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