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Divestitures, another delay in creation of Ardent
date:Feb 12, 2014
Announcing a second delay in the formation of Ardent Mills, ConAgra Foods, Inc. said the partners in the milling joint venture were prepared to divest 4 of the 44 mills that were to be included in Ardent.

ConAgra offered an updated timetable and discussed the divestitures in a Form 8-K filing Feb. 10 with the Securities and Exchange Commission. ConAgra said it now expects the transaction to be completed in the second quarter of calendar 2014.

Ardent, which would combine the flour milling opera

12/23 14:24