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Pinnacle, headquartered in Parsippany, announced on June 27 that Chicago-based Conagra would acquire it in a $10.9 billion cash and stock transaction.
August 10, 2018 at 05:12 PM
1 minute read
Pinnacle Foods Inc. is battling a string of suits in Newark federal court from shareholders who accuse the company of misleading them about its planned merger with Conagra Brands Inc.
Plaintiff Alexander Rasmussen filed a putative class action on Aug. 7, claiming Pinnacle filed a false and misleading proxy statement about the merger on July 25.
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