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Processed & Packaged Goods News
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Diedrich Coffee to Extend Deadline for Response From Peet's Coffee & Tea
Wed 7:30 pm ET (PR Newswire)
Diedrich Coffee, Inc. announced today that it will extend the period that Peet's Coffee & Tea, Inc. has to negotiate a proposal with Diedrich Coffee to amend the current merger agreement and the offer contemplated thereby in a manner that Diedrich Coffee's Board of Directors determines is at least as favorable to Diedrich Coffee's stockholders as the revised offer of Green Mountain Coffee Roasters, Inc. until 5:00 p.m.
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| Market Capitalization: | 324B | | Price
/ Earnings: | 19.9 | | Price
/ Book: | -30.6 | | Net
Profit Margin (mrq): | 8.1% | | Price
To Free Cash Flow (mrq): | 129.6 | | Return
on Equity: | 24.8% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 2.7% |
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