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Fat fears slim cereal profits
That cereal you're eating for breakfast may get crunched by a deal. The Wall Street Journal says St. Louis based Ralcorp Holdings is interested in acquiring Post Cereals from Kraft Foods. Pricetag would be $2.8 billion. That's a lot of flakes. Shredded Wheat, Raisin Bran and Grape Nuts are among the brands.
Posted on November 5, 2007 3:03 AM PT | Permalink
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