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Pork Commentary: Tyson to buy Hillshire Farms

2014-06-17 02:00:00| ThePigSite - Industry News

US - It appears Tyson Foods has won a bidding war with Pilgrims Pride to purchase Hillshire Farms. If everything transpires as proposed the $7.7 billion purchase would exceed Shuanghui’s purchase of Smithfield Foods earlier this year, writes Jim Long President – CEO Genesus Inc.

Tags: buy commentary farms pork

 

Progress in Tyson Foods' Acquisition of Hillshire

2014-06-17 02:00:00| ThePigSite - Industry News

US - Hillshire Brands' Board of Directors has agreed not to recommend its acquisition of Pinnacle Foods, thus removing one of the obstacles in Tyson's Foods' purchase of Hillshire.

Tags: progress acquisition foods tyson

 
 

Tyson Foods Stock Rating Lowered by Credit Suisse

2014-06-10 21:48:06| Food - Topix.net

They currently have a $35.00 price target on the stock, down from their previous price target of $40.00.

Tags: rating stock credit foods

 

Tyson wins bidding war for Hillshire Brands

2014-06-10 07:59:08| Food - Topix.net

The deal would allow Tyson to boost its presence in brand-name prepared foods like Hillshire Farm sausage, which are more profitable than fresh meat such as chicken breasts.

Tags: war brands bidding wins

 

Tyson Moves Ahead with Takeover as Pilgrim’s Pride Pulls Out

2014-06-10 02:00:00| ThePigSite - Industry News

US – Tyson Foods officially submitted a unilaterally binding offer to acquire all outstanding shares of The Hillshire Brands Company for a price of $63 per share in cash on Monday.

Tags: out ahead moves pride

 

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