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Ralcorp Explores Possible Sale of Remaining Stake in Post

Sept. 27 (Bloomberg) -- Ralcorp Holdings Inc. said it is examining the sale of its remaining stake in Post Holdings Inc. after spinning off the maker of Grape-Nuts and Alpha-Bits cereals earlier this year.

Ralcorp owns 6.8 million shares of Post’s common stock, the St. Louis-based company said today in a statement, representing about 20 percent of the total. Based on Post’s closing price yesterday of $29.49, the stake is worth about $201 million.

To contact the reporter on this story: Paul Jarvis in London at pjarvis@bloomberg.net;

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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