ConAgra Foods, Inc., Omaha, Neb., successfully completed its acquisition of Ralcorp Holdings, Inc., St. Louis, for $90 in cash per share of Ralcorp common stock.
ConAgra Foods, Inc., Omaha, Neb., is said to acquire St. Louis-based Ralcorp Holdings, Inc., the largest manufacturer of private label food in the United States.
Ralcorp Holdings, Inc., St. Louis, said it completed its previously announced purchase of Sara Lee Corp.'s North American private brand refrigerated dough business.
Private label foods giant Ralcorp Holdings, Inc., St. Louis, said its Board of Directors met and considered an unsolicited, non-binding proposal from ConAgra Foods to acquire Ralcorp.
ConAgra Foods, Omaha, Neb., reiterated its $94 per share, all-cash proposal to acquire Ralcorp Holdings, Inc., a private label products company and a leader in frozen bakery foods.
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.