CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) for ConAgra Foods, Inc. (ConAgra) and its subsidiary, Ralcorp Holdings, Inc. (Ralcorp) at 'BBB-' and has affirmed ConAgra's Short-term IDR at 'F3'. The Rating Outlook is Negative. Fitch views ConAgra's announcement that it will exit the Private Brands operation and essentially unwind the Ralcorp acquisition (completed just two years ago) as a credit positive, and the company could use potential proc
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