B&G Foods Inc (BGS)

[FUNMAN]

Good luck with those new shares. We're all waiting on the next accretive acquisition.

In cost cutting moves, Kraft is looking to dump a lot of their brands for the right price.

I hope BGS can convince them to let a non-core brand go for a lot less than they are asking.

That's been the news at KHC. There is too big of a bid and ask spread.

They've been in discussions with interested acquiring parties, but the bidder are putting lower valuations on the brands than KHC, so KHC pulled them off the trading block.

Now that BGS is going to have a bunch of cash, and they are stating they intend to use some of it to refinance and reduce debt, the remainder is to be used for corporate purposes.

I am assuming they just loaded the gun and want to pull the trigger on another acquisition.