27 Jun 2018 --- Conagra Brands has purchased Pinnacle Foods in a deal valued at US$10.9 billion including debt, expanding its footprint in the frozen-food sector. The boards of Conagra Brands and Pinnacle Foods Inc. have unanimously approved the definitive agreement under which Conagra Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction, including Pinnacle Foods' outstanding net debt.
