Conagra already owned frozen food aisle staples Healthy Choice and Marie Callender’s. Now with the acquisition of Pinnacle Foods for $8.2 billion, it’ll own other frozen food staples like Hungry Man dinners and Birds Eye vegetables. Together, all those foods will create a conglomerate worth an estimated $11 billion in annual sales. But as customers […]

Food giant sees Ralcorp purchase as a way to enter the growing store brand market.

Giant food company ConAgra is getting a little more giant. It's agreed to buy private-label food producer Ralcorp for about $4.95 billion.