ts $8.1 billion cash and stock deal to buy Pinnacle Foods Inc. isn’t sitting well with investors, who drove the food giant’s shares down the most in 1 1/2 years on Wednesday. Some may see the accord as too expensive even as it bolsters Conagra’s footprint in the freezer-aisle with brands such as Birds Eye. Another concern: the company’s plan to issue shares to help pay for the acquisition
https://www.bloomberg.com/news/articles/2018-06-27/conagra-gets-chilly-reception-to-8-1-billion-frozen-food-deal