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turokman

12/09/13 11:10 AM

#61940 RE: trafficante #61938

$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.

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avocet

12/09/13 11:26 AM

#61943 RE: trafficante #61938

It was great to see COMBAT at COSTCO!!!

I don't know how long OPTIMUM NUTRITION products have been available at COSTCO, but this is one major arena where the two brands are duking it out and MP should win on price differential alone.

That big green MP really jumps out at you.

At the COSTCO in San Marcos, California, the COMBAT is stacked right at the beginning of the product peninsula where it can be seen by people either approaching the aisle or from much farther away.

When Amino 1 also becomes available at COSTCO, what will OPTIMUM NUTRITION counter with?

You know the people at OPTIMUM NUTRITION are already working on it.

And they aren't being distracted by a litigation issue regarding certification labels nor are they being investigated by the SEC.

I still feel good about MP's prospects.

That big bright green MP can be seen from halfway across the COSTCO store!