ConAgra Maintains Acquisition Streak With Odom’s Buy

Law360, New York (April 17, 2012, 7:04 PM EDT) -- ConAgra Foods Inc. on Tuesday announced that it will buy frozen breakfast sandwich leader Odom's Tennessee Pride, notching its third acquisition of a smaller food company in the past year.

The food giant did not disclose financial terms of the deal, which will grant it ownership of Odom's. The frozen breakfast company last year posted more than $190 million in sales.

ConAgra will also take over Odom's Madison, Tenn., headquarters and satellite sites in Little Rock, Ark., and Dickinson, Tenn., and expects the deal to close...
To view the full article, register now.