Tagged: pinnacle foods

Top Brands Fuel Tyson’s Biggest Play

by Marty Cook 7/21/2014 12:00 am

Tyson officially began the process of buying Hillshire Brands Co. of Chicago on Wednesday, according to a filing with the Securities & Exchange Commission. For Tyson executives, though, the chance to acquire Hillshire’s enviable top-rated brands was irresistible.

Tyson Foods Moving Forward with Hillshire Deal

by Marty Cook 7/2/2014 9:34 am

Tyson Foods Inc. of Springdale announced Wednesday it had signed a definitive deal to purchase Hillshire Brands Co. of Chicago for approximately $8.55 billion.

Pinnacle Foods Scraps Sale Plans, Freeing Tyson to Acquire Hillshire

by Associated Press 6/30/2014 4:43 pm

Hillshire Brands Co. agreed to buy Pinnacle Foods for $4.23 billion in May. But Tyson and Pilgrim's Pride went after Hillshire two weeks later, and on June 9, Hillshire accepted Tyson's $7.75 billion offer.

Hillshire Backs Away From Offer to Buy Pinnacle Foods

by Associated Press 6/16/2014 7:43 am

Hillshire Brands Co. is backing off of its offer to buy Pinnacle Foods Inc., a move that it needs to make in order for its $7.75 billion proposed deal with Tyson Foods to go through.

Pilgrim's Pride Offers to Buy Hillshire for $5.58B

by Associated Press 5/27/2014 9:51 am

Chicken producer Pilgrim's Pride is offering to acquire fellow meat maker Hillshire Brands to create a "protein-focused" company in a deal worth $5.58 billion.

HP, Nordex Expected To Refund Incentive Funds After Failing to Meet Goals

by Mark Friedman 8/26/2013 12:00 am

Companies that take cash from the Governor’s Quick Action Closing Fund and then fail to deliver on the promises of jobs should expect to repay some of the incentive money.