Jefferies Upgrades ConAgra (CAG) to Buy, Says Ralcorp Deal a 'Game Changer'
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ConAgra (CAG) Could Provide 'Tasty' Returns Following Ralcorp (RAH) Acquisition - Barron's
December 6, 2012 12:12 PM ESTConAgra (NYSE: CAG) foods is lower on the session though there might be more upside for the stock moving forward, according to a recent Barron's piece.
Last week, ConAgra announced a deal in which it would acquire Ralcorp (NYSE: RAH) for $90 per share, or total value of $5 billion excluding debt. Shares have been flat since rising 4.5 percent on the deal, a sure sign it met investor approval.
The... More
