Tyson Foods Would Boost Prepared Foods in $8.5B Hillshire Deal

by Lance Turner  on Monday, Jun. 9, 2014 11:32 am  

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer. Both Tyson and Pilgrim's Pride had been bidding of Hillshire. Pilgrim's Pride says it is withdrawing its offer.

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