Diamond Foods Inc
Diamond Foods (DMND) reported its fiscal 1Q16 earnings on December 9. The stock didn’t react much to the first quarter results. It fell by 0.33% on the day.
Snyder’s-Lance operates in the US, but with Diamond Foods’ presence across Europe, it could be that Snyder’s-Lance gains entry to international markets easily.
On October 28, a definitive agreement for Snyder’s-Lance to acquire Diamond Foods was entered. Snyder’s-Lance will acquire all outstanding shares of Diamond Foods.