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US: ConAgra Foods hopes to fry up wealth for shareholders in spinoff of Lamb Weston

For ConAgra shareholders, it is still an unknown how much real gold is in the golden-brown french fries produced by the company’s Lamb Weston division. The Chicago-based firm, based in Omaha since 1922 until just a few weeks ago, said Wednesday that it plans by this fall to spin off the Lamb Weston french fry division. The new, stand-alone company[Read More...]

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