News

Conagra's 6.5% yield may appeal to investors, but weak finances and stagnating revenue pose risks. Learn more about CAG stock ...
Pinnacle Foods Cancels Deal With Hillshire. The move, which allows Pinnacle to collect a $163 million breakup fee, clears the way for Hillshire Brands to sell itself to Tyson Foods for $7.7 billion.
Conagra Brands (NYSE:CAG) announced that it has completed the divestiture of the Van de Kamp's and Mrs. Paul's brands to High ...
Parsippany, N.J.-based Pinnacle Foods is snapping up Boulder Brands for $975 million, which includes $265 million of debt, the companies announced Tuesday. The all-cash offer, ...
Boulder Brands could be a springboard for Pinnacle Foods to acquire smaller natural and organic companies, the packaged and frozen food giant’s CEO, Bob Gamgort, said Thursday. “There is good ...
Pinnacle Foods — the maker of Hungry Man TV dinners and Vlasic pickles — has hired Evercore Partners to explore strategic alternatives as it faces prodding from Rosenstein’s activist hedge ...
Pinnacle Foods Inc., the owner of old-line brands like Duncan Hines, agreed to buy Boulder Brands Inc. for $682 million in a push to woo younger shoppers with gluten-free and organic foods and to ...
Pinnacle Foods raised its dividend by 12% this year and its stock is up by 17%. Even so, the stock doesn’t get much market coverage. Pinnacle’s recent acquisition of Boulder Brands was a solid ...
NEW YORK (AP) — Pinnacle Foods said Monday it has scrapped its sale to Hillshire Brands, freeing Hillshire to be acquired by Tyson Foods. Pinnacle Foods, which makes Birds Eye frozen vegetables ...
Under the terms of the transaction, Pinnacle Foods shareholders will receive $43.11 per share in cash and 0.6494 shares of Conagra Brands common stock for each share of Pinnacle Foods held.
Conagra is buying Pinnacle Foods Inc. in a cash-and-stock deal valued at about $10.9 billion that will help the food company expand in the frozen food and snacks categories.
Pinnacle Foods Group, the privately held owner of Duncan Hines baking mixes, Hungry Man and Swanson frozen dinners and Vlasic pickles, has agreed to be acquired by a group led by the buyout ...