New Deals

Packaged food company ConAgra Foods will buy private-label food maker Ralcorp in a deal valued at $6.8 billion, including assumed debt. The acquisition will make ConAgra the largest private-label food manufacturer in the U.S. Also, defunct investment bank Lehman Brothers Holdings, Inc. will sell its single largest asset, apartment operator Archstone Enterprise, to a pair of real estate investment trusts in a cash-and-stock deal worth $6.5 billion.

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