Ralcorp To Buy American Italian Pasta For $1.2B
In addition to agreeing to buy the Kansas City, Kan.-based pasta company, Ralcorp said Monday it had wrapped up its acquisitions of North American Baking Ltd., formerly known as PL Foods Ltd., a manufacturer of premium private label specialty crackers, for about $56.7 million, as well as gourmet cracker company J.T. Bakeries Inc. in a deal valued at about...

