Conagra to buy Pinnacle Foods for $8.1 billion, creating frozen food powerhouse

June 27, 2018 admin Business News Comments Off on Conagra to buy Pinnacle Foods for $8.1 billion, creating frozen food powerhouse

(Reuters) – Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the snack and frozen food markets amid fierce competition in the packaged food industry.

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Source:: Reuters – Business News