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Article: ConAgra Foods Corrects Misleading News Accounts.
- Article from:
- PR Newswire
- Article date:
- March 28, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ConAgra Foods, Inc. announced today that it is aware of the Royal Ahold NV investigation, based on news reports regarding Royal Ahold and public statements issued by Royal Ahold. ConAgra Foods is a supplier to Royal Ahold and, like all suppliers, in the ordinary course of business, received requests from Royal Ahold's outside auditors to confirm amounts payable by ConAgra Foods to Royal Ahold. ConAgra Foods systematically refused to verify confirmation requests that were inaccurate. Recent news accounts to the contrary with respect to ConAgra Foods' relationship with Royal Ahold are misleading. ConAgra Foods' sales to Royal Ahold reflect ordinary and appropriate ...
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