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Post's move on Michael Foods reflects 'rare opportunity'
date:Apr 22, 2014
hich he called very attractive. He said the cash flow will allow Post to both leverage for the transaction and to rapidly deleverage and fund growth.

It has a strong record of free cash flow and debt pay down under a series of private equity owners, he said, adding the company has modest capital expenditures and working capital requirements.

We believe the category, and Michael in the category, will continue the volumetric growth that it has enjoyed and that will lead to substantial cash gener

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