2010年1月13日星期三

Green Mountain and coffee roaster and wholesaler Diedrich

Green Mountain and coffee roaster and wholesaler Diedrich said they expect to respond promptly to the second request for information from the U.S. Federal Trade Commission.

The companies expect to complete the $35-per-share buyout this year.

The offer to acquire Irvine, Calif.-based Diedrich is to expire Feb. 5, but Green Mountain said it would extend that if necessary to comply with the government's inquiry.

He called for a crackdown on illegal immigration but also a wholesale tightening of immigration policy so we admit fewer legal immigrants as well.

The radio talker was half-right. Americans must get serious about stopping illegal immigration, mostly by doing something we never seem to do with much enthusiasm: punish employers. But legal immigration shouldn't be dragged into the mix.

Legal immigrants -- with their energy, passion and optimism -- have always been this country's most valuable import. Even in bad economic times, we need more of them and not less.

Green Mountain shares rose 31 cents in after-hours trading to $85.99, after closing up $5.07, or 6.3 percent, at $85.68 on Wednesday. Diedrich shares fell 42 cents, or 1.2 percent, to $34.28, after closing down 8 cents at $34.70.

Green Mountain bought the Tully's Coffee brand and wholesale coffee business from Tully's Coffee Corp. in March 2009 for $40.3 million.


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