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MARKET MOVERS

Diamond, Pringles deal to move ahead

Diamond Foods said in April it would buy Pringles in a deal valued at $2.35 billion. The deal would double Diamond’s annual sales. Diamond Foods said in April it would buy Pringles in a deal valued at $2.35 billion. The deal would double Diamond’s annual sales. (Reuters)
December 11, 2011
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Diamond Foods Inc. soared the most ever after a KeyBanc Capital Markets Inc. analyst said a probe into payments to walnut growers will wrap up quickly and not jeopardize the acquisition of Pringles from Procter & Gamble Co.

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