Bid & Ask: The Deals of the Week

Noteworthy expenditures of the week
Necklace: Christie's/Bloomberg; Pastry: Rob Lawson/PhotoLibrary/Getty Images

1. Lehman Brothers Holdings will sell real estate company Archstone to Equity Residential and AvalonBay Communities for $6.5 billion, scrapping plans to take the unit public.

2. ConAgra Foods is acquiring Ralcorp Holdings for about $5 billion to create one of North America’s largest packaged-food companies.