The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Joe Magyer, discuss the top business and investing stories.
In this segment, the guys look at ConAgra Foods' (NYSE: CAG) new acquisition of Ralcorp (NYSE: RAH). ConAgra is the major food giant behind several famous brands, and news of the acquisition had share prices up for ConAgra, and up significantly for Ralcorp. We take a look at whether this move that puts ConAgra more in the private-label industry will give it a boost, or whether this turns into another overpriced acquisition that ends up being somewhat lackluster.
Chris Hill and Jason Moser have no positions in the stocks mentioned above. Joe Magyer owns shares of Procter & Gamble and Whole Foods Market. The Motley Fool owns shares of Whole Foods Market. Motley Fool newsletter services recommend McCormick, Procter & Gamble, and Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.