Tag: billion

Tyson Foods Buys Hillshire Brands

Tyson Foods Inc. has defeated Pilgrim’s Pride Corp. in a two-week battle to buy Hillshire Brands. The final bids were due on Sunday, Tyson offering $63 a share in cash and Pilgrim’s Pride withdrawing its $55 a share bid. Tyson’s acquire of Hillshire would value to company at approximately $7.7 billion. Hillshire Brands, known for

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