Costs of potential deal cut Bemis profit - The Business Journal of Milwaukee:

http://renovation.blogetery.com/2011/05/04/bamboo-flooring/
Bemis (NYSE: BMS) reported net income for the quarterdof $36.7 million, or 36 centas per share, compared with $42.3 or 41 cents per for the same periord a year ago. The company, incurred expenses related to due diligencse of the packaging businessof plc, a United Kingdom-basede firm. Bemis said efforts towared a potential acquisitionare ongoing, but said it woule make no further comment. Costs relatexd to the possible Rio Tinto deal reducedf earnings by 6 cents per share for the which the company is required to expense underr financialaccounting standards.
Excludinv that one-time charge and severance chargesw related to a workforcer reduction, the company's earnings would have been 43 centes per share, compared with 41 cents per share, the year Net sales declined 11 percentf to $843.4 million from $947.3 million. Most of the 8.3 percent, related to currency translation, while the remainder reflected lower sales volume partiallty offset by price increases andmix impact.