02/05/2012
Ralcorp Completes Separation of Post Cereals Business
Ralcorp Holdings Inc. has completed the separation of Post Holdings Inc. through a tax-free spin-off that gave Ralcorp shareholders one share of Post common stock for every two Ralcorp shares they owned as of Jan. 30, 2012, Drug Store News reported. CEO Kevin Hunt said the spin-off will allow Ralcorp to focus on improving its business performance with a sharper focus on private label and foodservice, the story said.