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Piper Jaffray Remains Neutral on B&G Foods (BGS) Following Announced Acquisition of Green Giant

September 3, 2015 1:05 PM EDT

Piper Jaffray reiterated a Neutral rating and $31.00 price target on B&G Foods (NYSE: BGS) following the announced acquisition of Green Giant from
General Mills for $765M. This deal drastically changes the makeup of B&G's sales and earnings, with frozen vegetables now representing 25% of... More