CONAGRA FOODS: Reserves $68.5MM at May 29 for Beatrice Matters
ConAgra Foods, Inc.’s reserves for Beatrice Company-related environmental matters totaled US$68.5 million as of May 29, 2011, a majority of which relates to Superfund and state-equivalent sites.
In fiscal 1991, the Company acquired Beatrice Company. As a result of the acquisition…