NEW YORK, Nov. 27, 2012 /PRNewswire/ -- Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Ralcorp Holdings, Inc. (NYSE: RAH) (referred to as "Ralcorp" or the "Company") to ConAgra Foods, Inc. ("ConAgra") in a cash transaction valued at approximately $6.8 billion, including the assumption of debt.

Under the terms of the agreement, Ralcorp shareholders will receive $90.00 per share in cash for each outstanding share of common stock held.

Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.

If you are a holder of Ralcorp common stock and want to discuss your legal rights, you may e-mail or call Lifshitz Law Firm who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of Ralcorp and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by sending an e-mail including your contact information to: info@jlclasslaw.com. All e-mail correspondence should make reference to Ralcorp.

Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.jlclasslaw.com.

ATTORNEY ADVERTISING. © 2012 Lifshitz Law Firm. The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (516) 239-4350. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 516-239-4350
Email: info@jlclasslaw.com

SOURCE Lifshitz Law Firm