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Procter & Gamble Sells Pringles in $2.35 Billion Deal
Pricey paraboloids
Procter & Gamble Sells Pringles in $2.35 Billion Deal
Procter & Gamble has reached an agreement to offload Pringles, the last foods brand in its portfolio, to Diamond Foods for $1.5 billion in stock and $850 million in assumed debt, valuing the deal at a total of $2.35 billion.
4/7/11 8:15am ET - Seeking Alpha
 
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