OMAHA, Neb. (AP) -- ConAgra Foods shareholders will gather in Omaha Friday to hear an update on the food maker's performance.
Shareholders will also vote on several matters, including a proposal to change the maker of Orville Redenbacher, Banquet and other brands counts votes on future shareholder proposals.
The shareholder proposal asks the company to use a simple-majority system when it counts votes and not consider abstentions as votes against an idea.
The other matters shareholders will vote on are routine items such as re-electing directors and approving ConAgra's auditors.
ConAgra is in the midst of integrating its $5 billion acquisition of Ralcorp. That deal made ConAgra the nation's largest producer of store-brand products in the nation along with the branded foods it makes.
- Consumer Discretionary
- ConAgra Foods
- Orville Redenbacher