date:Jun 11, 2014
s we want. So we cast a wide net and we looked at a number of significant opportunities and put them through various filters. And the company that kept coming out on top was Hillshire.
Analysts on the call noted that if the acquisition goes through, Tyson Foods will be paying a premium for Hillshire Brands. The analysts asked for specific information about synergies and where savings may be found. Mr. Smith said Tyson expects to accrue $300 million in synergies initially.
On the synergy side,