ConAgra Sells Private Label, Visa Buys Visa Europe

November started out busy for mergers as ConAgra (CAG) said it will sell its private label unit, and Visa (V) confirmed reports it will buy Visa Europe. ConAgra shares were up 1.6% to 41.21 in the stock market today after the packaged food giant said that it was selling its private-label foods unit to TreeHouse Foods (THS) for $2.7 billion. ConAgra entered the private label business when it bought Ralcorp for $5.1 billion in 2013. But the business

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