Is Pinnacle Foods a Takeover Target?

The transcript discusses the challenges Pinnacle faces in replacing a key leader known for turning around underperforming brands like Birds Eye. It highlights Pinnacle's recent acquisitions, such as Boulder, and the market's concerns about these moves. The leader's departure to Green Mountain is attributed to better opportunities and less investor pressure. The discussion concludes with the potential for Pinnacle to become an acquisition target if leadership replacement proves difficult.

What strategies did Pinnacle implement to boost sales of their frozen food products?

What are the implications of Pinnacle Foods potentially becoming an acquisition target?