Pinnacle Foods, Conagra restart deal talks - sources
June 21, 2018 at 15:54 PM EDT
June 21 (Reuters) - Pinnacle Foods Inc, the owner of Birds Eye frozen foods and Mrs. Butterworth’s syrups, has restarted talks about potentially selling itself to its larger peer Conagra Brands Inc, according to two people familiar with the matter. Packaged foods giants have been facing a crisis of slowing to stagnant growth in recent years as shoppers switch away from processed foods to healthier fare. These companies have also seen their profits squeezed by macroeconomic forces such as higher