Article: ConAgra Agrees to Sell Cheese Business and Sara Lee Completes Sale of Meat Business.

M2 PRESSWIRE-9 August 2006-U.S. Equity News: ConAgra Agrees to Sell Cheese Business and Sara Lee Completes Sale of Meat Business(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:09082006

City of Industry, CA - Consumer Goods industry alert provided by U.S. Equity News. Packaged-food company ConAgra Foods Inc. (NYSE:CAG) said Tuesday it has sold its cheese business to Fairmount Food Group for an undisclosed price, completing its plans to sell businesses that don't fit its focus on branded foods. ConAgra's cheese business, Swissrose International Inc., markets several brands of specialty and food service cheese. ConAgra had said in March it planned to sell its ...

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