ConAgra Foods Inc., Omaha, Neb., agrees to sell Bumble Bee Seafoods, San Diego, to Center Partners Management, a private investment group. (At Closing News).ConAgra Foods ConAgra Foods, Inc. (NYSE: CAG) is one of North America's largest packaged foods companies. ConAgra's products are available in supermarkets, as well as restaurants and food service establishments. Its headquarters are located in Omaha, Nebraska. Inc., Omaha, Neb., agrees to sell Bumble bum·ble 1 v. bum·bled, bum·bling, bum·bles v.intr. 1. To speak in a faltering manner. 2. To move, act, or proceed clumsily. See Synonyms at blunder. v.tr. Bee Seafoods, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , to Center Partners Management, a private investment group. ConAgra acquired Bumble Bee, which packages everything from tuna to shrimp to oysters, three years ago from International Home Foods. The sale is part of the company's efforts to pare down Verb 1. pare down - decrease gradually or bit by bit pare minify, decrease, lessen - make smaller; "He decreased his staff" less profitable assets. In addition to the Bumble Bee trademark brands, the transaction includes the Orleans, Paramount and Clover Leaf brands, as well as the Bumble Bee operating facilities. |
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