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Re: trafficante post# 61938

Monday, 12/09/2013 11:10:54 AM

Monday, December 09, 2013 11:10:54 AM

Post# of 80869
$300 million ($320 Canadian)

But yeah, overall good sign for the industry in general.

Post, which has been acquisitive recently, is purchasing Golden Boy, a maker of peanut butter and other nut butters from investors led by private-equity firm Tricor Pacific Capital Inc. for $320 million Canadian dollars (US$300 million). Golden Boy, which has three plants in Canada and two in the U.S., had net sales of C$164 million during the nine-month period ended Sept. 30.

http://online.wsj.com/news/articles/SB10001424052702304014504579247833268683914

[edit]Looks like they are paying 1.5X Net Sales. That would put MSLP at a value of 150 million or about $15 a share.