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CAG needs RAH to round out their food menu. They need a good breakfast item like Post cereals. Maybe they ought to just siphon off Post? If it goes down another point and a half think I will be acquiring more CAG.
RAH paying 1.8 times sales for Sara Lee frozen dough business, financing with short term debt. Seems a high multiple of sales. How does this affect CAG's goal of acquiring RAH?
It is ashame CAG is eating it in this squabble.