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Reports broke this week that packaged foods manufacturer Conagra Brands is considering a sale of its Hebrew National hot dog business. The business may sell for about $700 million, and the transaction could also include Conagra’s Egg Beaters and Odom’s Tennessee Pride brands,
The Wall Street Journal reported.
Conagra is entering the talks as it is actively working to focus its efforts on frozen foods and snacks, Bloomberg said in its coverage of the potential deal. IRI data gathered by the news and business information organization reveals that the three brands had combined sales of $575 million in the 52-week period that ended on February 21. ....

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