ConAgra http://news.stlpublicradio.org en ConAgra Foods To Buy Ralcorp http://news.stlpublicradio.org/post/conagra-foods-buy-ralcorp <p>Packaged food giant, ConAgra Foods, is buying St. Louis-based food producer Ralcorp for $4.95 billion.&nbsp; The buyout will make ConAgra the top producer of store-branded foods in the U.S</p><p>ConAgra’s stable of brands include the likes of Chef Boyardee, Egg Beaters, and Reddiwhip, to name a few.&nbsp; The deal creates a packaged food giant with $18 billion in annual sales</p><p>Erin Lash is Sr. Analyst at Morningstar.&nbsp; She says Ralcorp has struggled recently in the face of increased manufacturing and distribution costs, as well overall tightening of the marketplace.</p> Tue, 27 Nov 2012 13:22:53 +0000 Adam Allington 6822 at http://news.stlpublicradio.org ConAgra Foods To Buy Ralcorp