Ralcorp (RAH) rejected on Friday a third strengthened $5.17B bid from ConAgra (CAG), saying it...

|About: ConAgra Brands, Inc. (CAG)|By:, SA News Editor

Ralcorp (RAH) rejected on Friday a third strengthened $5.17B bid from ConAgra (CAG), saying it prefers to continue its plan to separate Post Foods from Ralcorp. The new $94.00 a share offer represents a 19% premium to Ralcorp's closing price of $79.02. (previous)