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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.
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]
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 ...
From March 2008 to December 2012, if you bought shares in companies when Stephen M. Wolf joined the board, and sold them when he left, you would have a 69.3 percent return on your investment, compared to a 11.7 percent return from the S&P 500.
From March 2008 to December 2012, if you bought shares in companies when Louis C. Camilleri joined the board, and sold them when he left, you would have a 69.3 percent return on your investment, compared to a 11.7 percent return from the S&P 500.
Nov. 23—A longtime Duluth business is branching out into Superior. Collector's Connection is poised to open a second store at 1616 Tower Ave. on Black Friday, Nov. 26. The site formerly housed ...
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 ]
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security.