ConAgra Brands (CAG) Approached Pinnacle Foods (PF) In Takeover Bid - Reuters

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Pinnacle Foods (PF) Won't Comment on 'Market Speculation'

June 1, 2017 1:45 PM EDT

In response to questions about reports of potential takeover interest from Conagra (NYSE: CAG), Pinnacle Foods (NYSE: PF) said it doesn't comment on market speculation.

"Pinnacle Foods does not comment on market speculation," a spokesperson told StreetInsider.com.

Shares of PF are up 5.6% today on the speculation.

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ConAgra (CAG) Likely Willing to 'Pay Up' for Pinnacle Foods (PF) - Credit Suisse

June 1, 2017 6:23 AM EDT

Credit Suisse analyst Robert Moskow weighed in on reports overnight that ConAgra Brands (NYSE: CAG) approached Pinnacle Foods (NYSE: PF) about a takeover. The analyst said the news is does not come as much of... More

ConAgra Brands (CAG) Interest In Pinnacle Foods (PF) "Makes Sense" - JP Morgan

June 1, 2017 5:15 AM EDT

Analyst Ken Goldman comments on the recent report from Reuters that ConAgra Brands (NYSE: CAG) has approached Pinnacle Foods (NYSE: PF) in a bid to buy the company. He comments that the deal makes strategic... More