The story
Medallion Foods was established in Newport, Arkansas in 1987. It produces corn-based snack products.
The company was purchased by Ralcorp Holdings in 2005 for $101.8 million. Ralcorp was then purchased by ConAgra Foods.
In April 2014, Shearer's Foods acquired the company from ConAgra for $33.5 million.
From Wikipedia’s article on Medallion Foods, shared under CC BY-SA 4.0.3