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Question - What was the advantage of spinning off from Ralston-Purina? Ralston used to be a huge conglomerate. We had a tunafish company. We owned Jack-in-the-Box restaurants. We owned Hostess, and Twinkies, and Ding-Dongs. We owned Keystone and Breckenridge ski resorts. We pared it down to fi...(Full transcript available to logged in subscribers.).

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