ConAgra Foods has spun off its Lamb Weston potato holdings into a separate company and renamed itself Conagra Brands Inc.
ConAgra Brands is now a consumer brand food manufacturer, retaining familiar names such as Hunt’s, Healthy Choice, Orville Redenbacher and Chef Boyardee.
ConAgra Foods shareholders received shares in the new independent Lamb Weston Holdings, which produces potato products.
ConAgra continues to trade under the CAG symbol and Lamb Weston trades under the ticker symbol LW.
