You Can Spin But You Can’t Hide: ConAgra Finally Snags Ralcorp
‘If at first you don’t succeed, wait for a spinoff then try, try again’ Not how I remember it either, but that seems to have been ConAgra’s (CAG) approach in its pursuit of Ralcorp (RAH). After three prior takeover attempts were rebuffed, the company finally succeeded in reeling in its prey for the tidy sum of $90 per… Read More »