ConAgra (CAG) Buys Kangaroo Brands' Pita Chip Unit

May 22, 2012 3:07 PM EDT
ConAgra Foods, Inc. (NYSE: CAG) announced today that it has acquired Kangaroo Brands’ pita chip business. ConAgra Foods’ acquisition of the pita chip business is consistent with its strategy to grow its presence in private label foods.

Financial terms of the transaction were not disclosed.


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