date:May 27, 2014
o data compiled by Bloomberg.
Hillshire, which sells Jimmy Dean sausages and Ball Park hot dogs, has been making acquisitions to reignite growth and decrease its reliance on meat products. Pinnacle owns brands ranging from Vlasic pickles to Wish-Bone salad dressings, as well as Birds Eye frozen vegetables. The deal may spread Hillshire too thin, Sandler said.
This is pretty far afield of what their core strengths are, he said. We dont want to own a portfolio of supermarket assets.
Jon Harris,