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Diamond Foods (DMND) Ramps On Report of Possible Private Equity Investment

March 21, 2012 3:56 PM EDT
Shares of Diamond Foods, Inc. (Nasdaq: DMND) surged into the close Wednesday following reports from the Wall Street Journal that the company is in talks with private equity firms for a minority investment.

Diamond Foods recently hired Dean Bradley to gauge interest, which has reached out to private equity firms.

KKR, TPG are reportedly looking at Diamond.

Shares of Diamond Foods are up 6 percent into the close.


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