Tyson Makes Offer for Hillshire Brands

Written By The USA Links on Thursday, 29 May 2014 | 08:57


WSJ.com: US Business

Tyson Makes Offer for Hillshire Brands

Updated May 29, 2014 10:52 a.m. ET


Tyson Foods Inc. offered $6.1 billion to buy Hillshire Brands Co., setting up a battle between meatpacking heavyweights for the maker of Jimmy Dean sausage and Ball Park hot dogs.


The offer of $50 a share comes just two days after rival Pilgrim's Pride Corp., owned by Brazilian meat processor JBS SA, unveiled an unsolicited bid for Hillshire...





Posted by The USA Links at 08:57

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