ConAgra, Ralcorp Announce Receipt of No-Action Letter from Canadian Competition Bureau
ConAgra Foods, Inc. (NYSE: CAG) and Ralcorp Holdings, Inc. (NYSE: RAH) today announced that they have received a “no-action letter” from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge ConAgra Foods' acquisition of Ralcorp. The receipt of the “no-action letter” satisfies one of the conditions to the consummation of the transaction. The transaction remains subject to certain other closing conditions, including approval by Ralcorp's shareholders.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.