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ConAgra Foods (CAG) Completes Frozen Meals Asset Acquisition from Unilever

August 20, 2012 12:01 PM EDT Send to a Friend
ConAgra Foods, Inc., (NYSE: CAG) announced today that it has completed its acquisition of the Bertolli and P.F. Chang’s Home Menu frozen meals businesses from Unilever PLC, for total cash consideration of $267 million, subject to adjustment. The company announced the acquisition agreement on July 30, 2012.

The acquisition includes the frozen meals businesses, a license for use of the Bertolli brand name and the transfer of Unilever’s existing license with P.F. Chang’s for use of the P.F. Chang’s Home Menu brand name.




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News
Edward Mezvinsky on 2012-08-20 13:59:44
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Big mergers are about to happen.

Mergers
Michael Calaizzo on 2012-08-20 13:58:46
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Goldman Sachs really got Facebook
wrong.


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