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

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