ConAgra Brands (CAG) Completes Lamb Weston (LW) Spin-off
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ConAgra Foods Completes Spin-off of Lamb Weston Business and Becomes Conagra Brands
November 10, 2016 7:30 AM ESTCHICAGO--(BUSINESS WIRE)-- Conagra Brands, Inc. (NYSE: CAG), formerly known as ConAgra Foods, Inc., has completed the previously announced separation of its Lamb Weston business. The companys name change has also become effective.
This marks an exciting new chapter for Conagra. We are now a pure-play company with a renewed focus on capturing growth and driving shareholder value, said Sean Connolly, president and chief executive officer of Conagra Brands. This has been a time of... More