Feds Join Probe Of Diamond Foods Inc., Possibly Affecting Pringles Sale To Procter & Gamble Co.
Jan. 13, 2012
Federal prosecutors have opened an inquiry into whether financial practices at Diamond Foods Inc. involved criminal fraud, people familiar with the matter said, a development that raises the stakes for the snack maker and could jeopardize its acquisition of Pringles from Procter & Gamble Co.
Federal prosecutors have opened an inquiry into whether financial practices at Diamond Foods Inc. involved criminal fraud, people familiar with the matter said, a development that raises the stakes for the snack maker and could jeopardize its acquisition of Pringles from Procter & Gamble Co., according to The Wall Street Journal. For the full story, click here.
