Last week, a number of Fortune 500 companies either made acquisitions or sold off portions of their business. ConAgra acquired Pinnacle Foods to expand its packaged foods business. GE, amid a selloff of business segments at the firm, sold its gas engine division to private equity firm Advent International. Amazon made a huge splash in the pharmaceutical business with its acquisition of online pharmacy PillPack. AT&T made yet another major deal to modernize its media business with the acquisition of AppNexus. Finally, OnFarm Systems, a farmer-focused data management service, was acquired by SWIIM System.
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