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.
Campbell Soup and Pepperidge Farm executives broke ground on a 34,000-square-foot innovation center in a ceremony at Pepperidge Farm’s headquarters in Norwalk, Conn.
Sara Lee Corp., Downers Grove, Ill., said CJ Fraleigh, chief executive officer of North America, resigned from the company to pursue other opportunities.
ConAgra Foods and NBCUniversal Cable Entertainment said they formed an integrated marketing partnership involving two of their largest brands: Bravo's Top Chef TV program and Healthy Choice.
Premium Brands Holdings Corp. (PBHC) Vancouver, B.C., said it finalized its purchase of Piller Sausages & Delicatessens Limited, a Waterloo, Ont., producer, marketer and distributor of branded specialty European style deli meats.
Packaged Facts says convenience stores are rolling out their own branded foodservice programs that return higher margins while also improving food quality and healthfulness.
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