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February 16, 2012
Kellogg adquiere las papitas Pringles
Michigan - Kellogg Company anunció ayer un acuerdo para adquirir la marca Pringles, de Procter &Gamble (P&G), por $2,695 millones. Pringles es denominada la marca número uno a nivel mundial en papas crujientes dentro del segmento de meriendas ...
February 15, 2012
The Lessons Learned From Diamond’s Pringles Fiasco
With Kellogg’s deal to acquire Procter &Gamble’s Pringles brand for $2.695 billion in cash, Diamond Foods is left with nothing. Proctor &Gamble’s announcement of the deal was accompanied by a terse statement that the consumer products company h...
February 15, 2012
Kellogg Company Announces Agreement to Acquire Procter & Gamble's Pringles Business
Kellogg Company (NYSE: K) today announced that it has entered into an agreement to acquire Procter &Gamble's Pringles® business ("Pringles") for $2.695 billion. Pringles is an excellent strategic fit for Kellogg Company. It significantly ...
February 15, 2012
P&G to sell its Pringles business to the Kellogg Company
The Procter &Gamble Company (NYSE:PG) today announced an agreement to divest its Snacks business to The Kellogg Company in a $2.7 billion all-cash transaction. The companies expect to complete the deal in summer of 2012. Final timing will be depend...
February 15, 2012
Statement of Diamond Foods on termination Pringles deal
Diamond Foods, Inc. today announced that The Procter &Gamble Company and Diamond have mutually agreed to terminate Diamond's proposed acquisition of the Pringles business and have released each other from all liabilities related to the proposed acq... Sponsored Content
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February 12, 2012
P&G Said to Seek Termination of Pringles Sale to Diamond
Procter &Gamble Co. has decided it will seek to terminate its sale of the Pringles snack business to Diamond Foods Inc., said three people with knowledge of the situation, following the accounting probe that ousted Diamond’s chief executive officer...
February 10, 2012
Snyder's-Lance, Inc. Reports Results 2011;invests in plant capacities in 2012
Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) today reported results for its fiscal year 2011. Snyder's-Lance, Inc. was formed on December 6, 2010 as a result of the merger ("Merger") of Lance, Inc. ("Lance") and Snyder's of Hanover, Inc....
January 11, 2012
Snak King Corp. Acquires C.J. Vitner Company
Barry C. Levin, Chairman and Chief Executive Officer of Snak King Corp., announced on January 3 that his firm has acquired C.J. Vitner Company, a leading manufacturer and distributor of snack foods in the greater Chicago market. Terms of the transactio...
December 08, 2011
Mister Bee Back in Business Thanks To Investor
Production at Mister Bee Potato Chip Company is expected to be up and running by early next week after the the United States Department of Justice and Trustees Office approved post petition financing allowing an investor to start giving money to the co...
December 05, 2011
Frito-Lay seeks $585,000 break on water bills
Frito-Lay is asking Vancouver for $585,000 in water bill credits over three years, which the company says will help it make $15 million to $25 million in investments at its Fruit Valley plant. [This is Vancouver in Washington, US, not in British Columb...
December 04, 2011
Cargill announces reduction in company workforce
Cargill today announced it will reduce its workforce by up to 2,000 of its 138,000 employees globally, a change of about 1.5 percent. The majority of the reduction will take place over the next six months worldwide. Cargill is providing affected employ...
December 02, 2011
Frito-Lay Electric Delivery Trucks Hit the “Green” Streets of Orlando
PepsiCo’s Frito-Lay North America announces ten new electric trucks will be rolling out in Orlando. These electric delivery trucks will ultimately be part of the largest planned fleet of commercial all-electric trucks in North America.