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ConAgra To Sell Private-Label Food Division

ConAgra is closing a sad chapter with the pending sale of its foods division private-label business, for $2.7 billion. The Omaha-based food manufacturer can focus on the challenges ahead in refreshing some of its brands as it relocates its headquarters to Chicago, observers said. ConAgra said 145 Omaha employees are among the 9,300 people who work in its private-brands business.

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