FLASH: Conagra Threatens to Pull its Ralcorp Bid by September 19th

Ralcorp Holdings: ConAgra Foods (CAG) today reiterated its $94 per share, all-cash proposal to acquire co (83.76 -1.23)
ConAgra Foods reiterated its $94 per share, all-cash proposal to acquire Ralcorp Holdings. Co previously rejected this proposal, without dialogue with ConAgra Foods, on August 12, 2011. ConAgra Foods continues to believe its proposal of $94 per share in cash provides present value in excess of what Ralcorp can achieve on its own, including through its announced spin-off plans. If ConAgra Foods and Ralcorp are not engaged in a constructive dialogue satisfactory to ConAgra Foods by 5:00pm Eastern time on September 19, 2011, ConAgra Foods will withdraw its proposal