A Special Committee formed by the American Greeting Board of Directors concluded unanimously that a transaction (valued at approximately $878 million) with the Weiss Family was fair and in the best interests of the company's public shareholders.
Most consumer goods organizations struggle to develop the business case for implementing technology or business process changes. ConAgra Foods isnt one of them. Here, the Companys Senior Director of Continuous Improvement reveals five necessary steps and calculations to use as a template for your own continuous improvement strategy.
With 36,000 employees and sales of approximately $18 billion annually, the combined company is one of the largest packaged food companies in North America.
The transaction creates one of the largest packaged food companies in North America, with sales of approximately $18 billion annually. It will also position ConAgra Foods as the largest private label packaged food business in North America, with combined private label sales of approximately $4.5 billion.
The candidate worked at companies such as Procter & Gamble and Pet Incorporated, and was voted by Advertising Age as one of the Top 100 Advertising People in 1991.
Shares of Ralcorp Holdings Inc. slid after ConAgra Foods Inc. threatened to withdraw its offer to buy the company if Ralcorp does not engage in a constructive dialogue by September 19, 2011.