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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.
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 ...
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]
Fields Foods is a grocery store chain operating in the St. Louis, Missouri area. In January 2014, Fields Foods opened its first store, a 37,000-square-foot location on Lafayette Avenue in the Peabody–Darst–Webbe, St. Louis neighborhood. [ 1 ]
St. Louis County and Jackson County also impose their own cigarette taxes. [17] The tax rate is 2 1⁄2 mills per cigarette or 5 cents per pack of 20. Missouri also imposes a tax upon the first sale of tobacco products, other than cigarettes, within the state. [18] The tax rate is 10 percent of the manufacturer's invoice price.
Ambiguous wording in the bill led to difficulties in enforcement, and in early 2009, the St. Louis Post-Dispatch reported that no excess revenues had been remitted under the provisions of the law. Amendments in 2009 and 2013 lowered the cap from 45% of general operating revenues to 30%, and the later amendment also resolved some of the ...
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. [1]
Attune Foods is a manufacturer of natural and organic cereals [1] and probiotic snack bars [2] that was purchased by Post Foods in 2013. [1] [3] The company was founded in 1908, with the introduction of Uncle Sam Cereal, which it still sells. Its other brands are Erewhon, New Morning, and Skinner's. [1] The chocolate version of the Attune snack bar