Hot dog! Hebrew National may be sold by Conagra Brands
+3.87% For JBS, the biggest beef processor in the U.S., buying the business would expand its reach into grocery store meat cases at a time when consumers have shifted their food-buying preferences toward supermarkets and away from sit-down restaurants. JBS has a market value of over $12 billion and derives most of its revenue from the U.S., where its businesses include the Swift beef and pork-processing company and Pilgrim's Pride, the nation's second-largest chicken supplier. Should JBS clinch the deal, it would expand its portfolio of consumer brands, which the company aims to build. Name-b...