to add to tiger's point. I think GMCr ha used the exact same language or nearly the exact language on every acquisition that that they would not be accretive in year one or mildly dilutive.
However, the actual results over the past two years showed they were certainly accretive faster than thought.
the guys at liitle john are certainly happy with themselves. they truly got lucky with this deal and a big pay day. better lucky than good. I am sure they never ever ever in their wildest dreams knew that Kcups would be such a big thing when they started their due dilligence on Van Houtte in early 1997 or 1996. the big pay day is a windfall that they didn't analyze for and added to the value of the transaction. good for them...I have a bottle of champagne to celebragte too.