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A broad rally in food stocks following ConAgra's purchase of Ralcorp Holdings is led by gains at...
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Tuesday, November 27, 2012, 11:36 AM ETA broad rally in food stocks following ConAgra's purchase of Ralcorp Holdings is led by gains at Post Holdings (POST +2.7%), Annie's (BNNY +2.2%), and TreeHouse Foods (THS +2.5%). At the end of the day, Ralcorp (RAH +26.3%) investors see a big win after ConAgra bought out the company for close to the same price as a previous attempt when the Post cereal business was still part of the equation.
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