ConAgra Foods Inc. withdrew its $5.2 billion bid to acquire Ralcorp Holdings Inc. after Ralcorp again rejected the rival food maker's offer Monday and said it won't negotiate the offer.
A spokeswoman for ConAgra said the company was "disappointed"in Ralcorp's response, and added that it will continue to pursue other "growth opportunities."
ConAgra Withdraws Bid After Ralcorp's Rejection
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