Conagra revives takeover talks with Pinnacle Foods
Conagra Foods (CAG), which is busy reshuffling its brand portfolio, is said to have revived the takeover discussion with its peer Pinnacle Foods (PF) that also specializes in the frozen food category. Ever since Conagra sold its private-label unit in 2016, it has been reinventing itself and focusing more on the branded food business. https://news.alphastreet.com/conagra-revives-takeover-talks-with-pinnacle-foods/
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