ConAgra Foods, Inc., Omaha, Neb., said that on Thursday, August 11, 2011, it sent a revised proposal to the board of directors of Ralcorp Holdings, Inc. to acquire the company for $94.00 per share in cash.
Sara Lee Corp., Downers Grove, Ill., said it expects by the end of this year to sell its North American Refrigerated Dough business to Ralcorp Frozen Bakery Products, Inc.
In conjunction with a third-quarter earnings release, Sara Lee Corp., Downers Grove, Ill., said it agreed to buy premium processor Aidells Sausage Company Inc., San Leandro, Calif., for $87 million.