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Philip Morris Companies acquired General Foods in 1985 and Kraft Inc. in 1988, eventually merging them as Kraft Foods Inc. before the cereal unit was sold to Ralcorp in 2007. In 2011, Ralcorp announced plans to spin off Post Foods into a separate company. About a quarter of Ralcorp's sales in 2010 were generated by its Post Foods unit. [14]
In 2011, Ralcorp received an offer for the company from ConAgra Foods. Ralcorp resisted the attempt. Ralcorp also announced it was spinning off its Post Foods unit. [6] The spinoff was completed in 2012. [7] On November 27, 2012, ConAgra officials announced they were purchasing Ralcorp, pending Ralcorp shareholder approval, for about $4.95 billion.
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company .
On December 31, 2012, Post Holdings acquired Attune Foods, a marketer of premium organic cereals and snacks under the Attune, Uncle Sam and Erewhon brands. [7]On May 28, 2013, Post Holdings purchased the branded and private label cereal, granola and snacks business of Hearthside Food Solutions, which included the Golden Temple, Peace Cereal, Sweet Home Farm and Willamette Valley Granola ...
The food business of Dial, including Armour Star canned meats, was sold to Pinnacle Foods in March 2006. [17] In 2007 Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [18] Conagra acquired Pinnacle Foods for $10.9 billion in 2018. [19] [20]
In November 1874, Post married Ella Letitia Merriweather. Post, commonly known as "C. W.", was born October 26, 1854, in Springfield, Illinois, the son of Charles Rollin Post and Caroline Lathrop Post, and grew up in the adopted hometown of Abraham Lincoln, who served as President of the United States during Post's childhood.
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