9/12/2007

ConAgra Foods has agreed to buy privately held Lincoln Snacks, maker of competing candy-coated popcorn snack Fiddle Faddle, Poppycock and other products. The acquisition will help ConAgra meet consumer demand for snacks, Chief Executive Gary Rodkin said. The purchase is part of the food company's three-year plan to sell off less profitable brands and focus on brands with growth potential.

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