JMS Equity Research Downgrades American Italian Pasta Co (AIPC) to Neutral; Company To Be Acquired By Ralcorp (RAH)
JMS Equity Research downgrades American Italian Pasta Company (Nasdaq: AIPC) from Buy to Neutral. JMS analyst says, "It was announced today that Ralcorp Holdings, (NYSE: RAH) (BUY-rated) reached a definitive merger agreement with AIPC. Under the agreement, RAH will acquire all of AIPC's shares for $53/sh in cash, for a total purchase price of...
Get Alerted When News Hits On This Stock - FREE!