ConAgra Foods Bought Watts Brothers For $132M Cash

april 03, 2008
Bron
CattleNetwork

ConAgra Foods Inc. bought Watts Brothers, a private vegetable-processing and agricultural company, for about $132 million in cash and assumed liabilities.

In a filing Thursday with the Securities and Exchange Commission, ConAgra said that the assumed liabilities it took on include about $85 million in debt and that it retired about $64 million of the debt.

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  • Conagra Foods Inc.

    ConAgra Foods is a 'leading branded, value-added' food company, organized into three businesses—Consumer Foods, International Foods and Commercial Products.

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