ConAgra to spin off Lamb Weston frozen potato unit, rename itself

ConAgra Foods Inc said it will spin off its Lamb Weston frozen potato products business into a separate public company, the latest in a series of changes announced by the maker of Chef Boyardee pasta and Slim Jim jerky at a time when consumers are shifting to less-processed foods. Lamb Weston will hold ConAgra’s frozen potato, sweet potato, appetizers and other vegetable products businesses. More