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USD ($) / shares
USD ($)
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<font style="font-family: 'Times New Roman', Times">(18)<b>  </b>
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<b><font style="font-family: 'Times New Roman', Times">Subsequent
Events</font></b>
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On March 3, 2011, subsequent to the end of the third
quarter, the Company announced that it entered into an agreement
to acquire an 80% stake in Coniexpress S.A. Industrias
Alimenticias, a leading Brazilian manufacturer of the
<i>Quero</i><sup style="font-size: 85%; vertical-align: text-top">®</sup>
brand of tomato-based sauces, tomato paste, ketchup, condiments
and vegetables. The acquisition of the Quero business, which has
annual sales of approximately $325 million, accelerates the
Company’s growth in Latin America and gives the Company its
first major business in Brazil, the world’s fifth most
populated nation. The Company expects to close the transaction
in the next few months.
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
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