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Northland business icon Jeno Paulucci sold frozen food company day before his death

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Just one day before his Nov. 24 death, Northland business icon Jeno Paulucci agreed to sell Bellisio Foods Inc., according to Joel Conner, the company's chairman and CEO.

The transaction has not yet closed and, until it does, Conner said he was not comfortable sharing the buyer's name. However, he did identify the prospective new owner as a New York-based private equity group.

The deal probably will be completed by year's end, barring complications, Conner predicted.

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