Conagra has iced a deal to buy Ralcorp (the former Ralston Purina) for $90 a share. Jack Goodall, long time board member of Ralcorp, had stock-based ownership of 111,069 shares of Ralcorp. as of January 13, 2012. If he held on to his shares, and there is no wrinkle in the deal not immediately visible, Goodall should bring home almost $10 million. He retired from the board in January. Ralcorp owned Jack in the Box, of which Goodall was chief executive for many years. He headed a leveraged buyout from Ralcorp that made Jack a public company again. Goodall stayed on the Ralcorp board while heading Jack.
Conagra has iced a deal to buy Ralcorp (the former Ralston Purina) for $90 a share. Jack Goodall, long time board member of Ralcorp, had stock-based ownership of 111,069 shares of Ralcorp. as of January 13, 2012. If he held on to his shares, and there is no wrinkle in the deal not immediately visible, Goodall should bring home almost $10 million. He retired from the board in January. Ralcorp owned Jack in the Box, of which Goodall was chief executive for many years. He headed a leveraged buyout from Ralcorp that made Jack a public company again. Goodall stayed on the Ralcorp board while heading Jack.