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Conagra's 6.5% yield may appeal to investors, but weak finances and stagnating revenue pose risks. Learn more about CAG stock ...
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, ...
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.
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 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 ...
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.
Pity poor Pinnacle Foods (NYSE: PF). After receiving a buyout offer from Hillshire Brands (NYSE: HSH) for $6.6 billion it was at the top of the world, with its shares hitting their highest level ...
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 ...
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 ...
Despite stiff competition and aggressive promotional activities toughening the food industry conditions, Pinnacle Foods Inc.PF has been steadily gaining from acquisitions and business expansion ...
Pinnacle Foods is its most likely target for three reasons, he said. First, its board has demonstrated a willingness to sell. Second, ConAgra chief executive Sean Connolly has tried to buy it before.
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 ...
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