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Diamond Foods, Inc. Issues Statement Regarding Termination Of Pringles Transaction With Procter & Gamble Co.
Diamond Foods, Inc. announced that The Procter & Gamble Company (P&G) and Diamond have mutually agreed to terminate Diamond's proposed acquisition of the Pringles business and have released each other from all liabilities related to the proposed acquisition. No break-up or other fees will be paid in connection with this termination.
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