ConAgra files to split into two companies

July 13, 2016 12:03 PM

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ConAgra files to split into two companies

ConAgra Foods Inc. is moving forward on the planned spinoff of its Lamb Weston potato business, which reportedly has been a takeover target of St. Louis-based Post Holdings Inc.

Giant food producer ConAgra said Wednesday it has filed a registration statement with the Securities and Exchange Commission for its planned separation into two public companies: Lamb Weston Holdings Inc. and ConAgra Brands Inc.

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