Peanuts from walnuts

15 November 2012 By Jeffrey Goldfarb

The snacks purveyor finally cleaned up its books, more than a year after Breakingviews helped uncover errors. The upshot is $57 mln of lost profit and pricey debt equal to a hefty 7.5 times generously adjusted EBITDA. Getting back on track requires more than better accounting.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)