Investing

Diamond Foods May Get New Investors--WSJ

Troubled Diamond Foods, rocked by accounting scandals that cost its former CEO and CFO their jobs, may have found a minority investors. Shares surged on the news, and then were halted.

According to The Wall Street Journal

Dean Bradley Osborne Partners LLC, a boutique investment bank recently hired by Diamond, has approached several buyout firms including KKR Co. and TPG to gauge their interest in becoming a minority shareholder of the San Francisco-based company

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