Conagra Brands has agreed to sell canned pasta brand Chef Boyardee to Hometown Foods for $600 million in cash.Why it matters: ...

The sale comes as the CPG giant focuses on its core snacks and frozen meals offerings, including Slim Jim and Healthy Choice.

After months of speculation, Conagra Brands divests the shelf-stable pasta meals brand to private-equity portfolio company.

Chef Boyardee has a new owner, as Conagra Brands sold the iconic canned food line to Brynwood Partners for $600 million. The ...

Chicago-based Conagra will deepen its focus on frozen foods and healthy snacks going forward, CEO Sean Connolly said in a ...