Will 2016 See ConAgra Lamb Weston Spinoff and Potential Takeover Similar to Hillshire’s? The Edge Group See an Opportunity…

Will 2016 See ConAgra Lamb Weston Spinoff and Potential Takeover Similar to Hillshire’s? The Edge Group See an Opportunity… By Barbara Soderlin / World-Herald staff writer: A new year will bring a new name for ConAgra Foods, and that has some observers weighing how long the Conagra Brands name could be around. “We’re seeing a very low chance of a potential takeover,” said Jonathan Morgan, head of research at The Edge, a New Jersey firm studying spinoffs. “Most likely there may be one or two other splits or sales of particular segments going forward, but I don’t necessarily see that there’s going to be an entire takeover of (Conagra Brands).” The biggest reason is the current size of...

Activists’ Secret to Unlocking Value Falls Flat in Stock Market / The Edge Group Reveals Early Intelligence Helps Improve Your Alpha

Activists’ Secret to Unlocking Value Falls Flat in Stock Market / The Edge Group Reveals Early Intelligence Helps Improve Your Alpha By staff writers Dani Burger and Lu Wang at Bloomberg, NYC: Returns for spinoff stocks are trailing the S&P 500 in 2015. From Carl Icahn to Barry Rosenstein, activists are in love with spinoffs as a way of unlocking stock market value. At the moment, they’re not working. “We’re seeing more of these forced company spinoffs,” said Jonathan Morgan, an analyst for Edge Consulting Group LLC, a Morristown, New Jersey-based research firm that analyzes spinoffs and special situations. “Because companies are doing poorly, there are more activists, and more activists...

How the Heinz-Kraft merger is part of a consumer staples feeding frenzy. Greater spinoff M&A to come says The Edge

How the Heinz-Kraft merger is part of a consumer staples feeding frenzy. Greater spinoff M&A to come says The Edge By Jonathan Ratner, Senior Staff Writer, Financial Post: If Warren Buffett likes ketchup with his mac ‘n’ cheese, it’s probably less about the taste and more because he thinks there is no end in sight for the market’s appreciation of the consumer food sector. The Oracle of Omaha’s Berkshire Hathaway Inc. on Wednesday teamed up with Brazilian private equity firm 3G Capital Partners LP to buy Kraft Foods Group Inc. and merge it with H.J. Heinz Co. The companies did not disclose the value of the cash-and-stock deal, but investors on Wednesday pushed Kraft shares up...