General Mills CEO Expects to Make Bolt On Acquisitions, Focusing on New Products for Growth

General Mills (GIS) - Get Report is launching several new products to help grow its business, but the company isn't ruling out bolt-on acquisitions. Ken Powell, chairman & CEO of General Mills says the company is always evaluating M&A opportunities, but is primarily focused on organic growth. General Mills has been removing additives from foods and pushing into organic, which Powell believes is a lasting trend. He said the company will be launching several new yogurt products to try to boost sales. TheStreet's Rhonda Schaffler has details from the New York Stock Exchange.