NEW YORK, Jan 15 (Reuters) – Options on ConAgra Foods Inc
shares were in heavy demand on Thursday after the
company canceled a presentation at an investor conference in
February, sparking rumors of a possible deal for the company.
Shares of the company rose as much as 3 percent to $36.65
after market chatter surfaced that the company would not be
presenting at the Consumer Analyst Group of New York (CAGNY)
Conference in Boca Raton, Florida, in February, analysts said.