Conagra Brands is nearing a deal to acquire Pinnacle Foods - https://cnb.cx/2yJnDrb
* Conagra Brands is in advanced talks to acquire Pinnacle Foods in a deal that could be announced as soon as this week, sources familiar with the situation tell CNBC.
* A deal would create the second-largest U.S. frozen food company behind Nestle, analysts at RBC Capital Markets have written.
* Activist investor Jana Partners has disclosed a roughly 9 percent stake in Pinnacle and said it planned to talk with the company about a possible sale.