ConAgra, Ralcorp receive no-action letter from Canadian Competition Bureau ConAgra Foods (CAG) and Ralcorp Holdings (RAH) announced that they have received a “no-action letter” from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge ConAgra Foods’ acquisition of Ralcorp. The receipt of the “no-action letter” satisfies one of the conditions to the consummation of the transaction. The transaction remains subject to certain other closing conditions, including approval by Ralcorp’s shareholders.
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