Update: Tyson Foods Wants to Buy Hillshire Brands In $6.8B Deal

by Lance Turner and Marty Cook  on Thursday, May. 29, 2014 11:44 am  

Tyson Foods Inc. of Springdale proposes the biggest acquisiton in its history, offering to purchase Hillshire Brands for $50 per share, or about $6.8 billion. The offer comes as Hillshire weighs another merger proposal by Pilgrim's Pride and the purchase of Pinnacle Foods.

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