Davis Reps ConAgra In $6.8B Ralcorp Deal After Long Pursuit
Ralcorp investors will receive $90 per share through the transaction, a 28.2 percent premium over Monday’s closing price. The cash consideration amounts to roughly $5 billion, with the remainder of the total purchase cost coming as assumed debt.
Omaha, Neb.-based ConAgra said it would cover the purchase mainly with on-hand cash along...
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