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Conagra files public offering of common stock

from Meat + Poultry

Conagra Brands Inc. Oct. 9 filed a prospectus with the U.S. Securities and Exchange Commission detailing a public offering of 16,312,057 shares of its common stock on the New York Stock Exchange at an offering price of $35.25 per share. Conagra said it expects to receive net proceeds of $556 million from the offering, with proceeds to be used to finance its pending acquisition of Pinnacle Foods Inc. more

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