ConAgra Spins Off Lamb Weston

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ConAgra Spins Off Lamb Weston

11/14/2016

The spinoff became official Nov. 9, bringing an end to a two-year transition. The new shares in Lamb Weston, which makes frozen potato and other vegetable products for foodservice and retail, were distributed proportionately to Conagra shareholders. Earlier stages in the transition included cutting about 1,500 jobs and moving the company headquarters from Omaha, Neb., to Chicago.

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