Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, April 5, 2011

From walnuts to chips: A history of Diamond Foods

Diamond Foods Inc's buy of Pringles from Procter & Gamble Co for $1.5 billion in stock, could more than triple the size of its snack foods business. [ID:nL3E7F51VH] Following are some key dates in the history of Diamond Foods: 1912: A group of walnut growers in California found Diamond as an agricultural cooperative 1926: The company that started with walnuts begins branding its premium products with the red Diamond brand