date:Jul 03, 2014
Pinnacle Foods has stepped aside, Pilgrims Pride has been outbid and now Tyson Foods, Inc. is in the process of acquiring Hillshire Brands. The two companies have entered into a previously announced agreement in which Tyson will acquire all outstanding shares of Hillshire Brands for $63 per share. The all-cash transaction is valued at approximately $8.55 billion.
By investing in Hillshire Brands and its collection of leading brands, we have a unique opportunity to transform an important segment