date:Apr 18, 2014
s not large enough within ConAgra Foods to command the resources it needs to grow particularly in light of the current focus on the broader Ralcorp integration, ConAgra said. As a result, ConAgra Foods believes the Medallion Foods business will have more value under a more focused owner.
ConAgra acquired Medallion Foods as part of its purchase of Ralcorp Holdings Inc. in early 2013. Ralcorp had bought Medallion Foods for $101.8 million in June 2005.