Tagged: tyson foods inc.

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

Tyson Foods, Hillshire Complete $8.5B Merger

by Lance Turner 8/28/2014 4:13 pm

Tyson Foods Inc. of Springdale on Thursday said it had completed its $8.5 billion purchase of Hillshire Brands of Chicago, a day after the companies reached a proposed settlement with the U.S. Department of Justice over antitrust concerns.

Tyson Foods, Hillshire Settle With Justice Department Over $8.5B Merger

by Lance Turner 8/27/2014 1:56 pm

Tyson Foods Inc. of Springdale and Hillshire Brands Co. of Chicago say they have reached a settlement with the U.S. Department of Justice's Antitrust Division that, if approved, would allow the companies' $8.5 billion merger to proceed.

This Week in Tyson: EPA Investigates; Hillshire Deal Delayed Again

by Lance Turner 8/21/2014 10:41 am

The Associated Press reports that the Environmental Protection Agency has started an investigation into Tyson Foods Inc. of Springdale. In other news, Tyson has again delayed its purchase of Hillshire Brands.

Tyson Foods Extends Hillshire Tender Offer As Feds Seek More Deal Details

by Lance Turner 8/13/2014 8:24 am

Tyson Foods Inc. of Springdale extends its tender offer for Hillshire Brands of Chicago as the U.S. Department of Justice seeks more details on the pair's $8.5 billion merger plan. Tyson Foods' original tender offer was set to expire on July 16. It has now been extended to Aug. 19.

For First Time, Jimmy Dean Moves Beyond Breakfast

by Associated Press 7/29/2014 10:07 am

Jimmy Dean, the sausage brand started by the late country singer, has become a breakfast staple. Now the brand, owned by Hillshire, is hoping its new bowls and sandwiches can lure eaters at other meals.

Tyson Foods 3Q Profit Climbs 4.4 Percent, Will Sell Chicken Business in Brazil, Mexico

by Marty Cook 7/28/2014 7:22 am

Tyson Foods Inc. of Springdale, reporting a record third-quarter profit and the sale of new stock and other equity, also said it is selling poultry operations in Brazil and Mexico in order to help pay for its acquisition of Hillshire Brands Co. of Chicago.

Tyson Foods to Sell Mexico, Brazil Poultry Operations

by Associated Press 7/28/2014 5:59 am

Tyson Foods says it will sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt tied to its acquisition of Hillshire Brands.

Tyson Foods Closing 3 Plants in Iowa, NY, NM

by Associated Press 7/27/2014 3:54 pm

Tyson Foods Inc. says it's closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company's product needs have changed.

Groups See Competitive Threat In Tyson Foods' Deal for Hillshire

by Marty Cook 7/25/2014 1:20 pm

A coalition of 82 farm, consumer and community groups urged the U.S. Justice Department to extend its antitrust division’s review of Tyson Foods Inc.’s $8.55 billion deal to acquire Hillshire Brands Co. of Chicago.

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.

Trail Boosts Springdale’s Downtown Effort

by Marty Cook 6/30/2014 12:00 am

The city of Springdale’s master plan calling for rejuvenating its downtown is estimated to be about $20.5 million in improvements, coinciding with the opening of the Razorback Greenway trail later this year.

Emma Avenue Properties in Springdale Switch Hands

by Arkansas Business Staff 6/16/2014 12:00 am

Recent sales activity indicates that interest in revitalizing downtown Springdale is growing.

Pilgrim's Trumps Tyson In Hillshire Bid As Talks Begin

by Associated Press 6/3/2014 8:24 am

Hillshire Brands says it will hold separate talks with Pilgrim's Pride and Tyson Foods, as the two meat processing heavyweights engage in a bidding war for the maker of Jimmy Dean sausages.

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

by Lance Turner and Marty Cook 5/29/2014 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.

Renewable Energy Group Buys Tyson Foods' Stake in Dynamic Fuels

by Arkansas Business Staff 5/21/2014 3:59 pm

Renewable Energy Group Inc. has reached an agreement with Tyson Foods Inc. of Springdale to acquire Tyson’s 50 percent ownership of Dynamic Fuels LLC, the companies announced Wednesday.

Tyson Foods' 2Q Profit Up 124 Percent, A Record

by Lance Turner 5/5/2014 7:17 am

Tyson Foods Inc. of Springdale on reports record second-quarter profit, which rose 124 percent to $213 million from the same time last year.

Flavio Malnarcic Named President, GM of Tyson do Brasil

by Arkansas Business Staff 3/26/2014 3:05 pm

Tyson Foods Inc. of Springdale promotes Flavio Malnarcic to president and general manager of Tyson do Brasil, the meat processor's subsidiary in Brazil.

Rick Thomason Named President, GM of Tyson de Mexico

by Arkansas Business Staff 3/13/2014 3:58 pm

Tyson Foods Inc. of Springdale promotes Rick Thomason to president and general manager of Tyson de Mexico.

Arkansas' Manufacturing Sector Takes Baby Steps Back in 2013

by Marty Cook 2/24/2014 12:00 am

Kathy Deck, the director of the Center for Business & Economic Research at the University of Arkansas, said the state reported 155,100 manufacturing jobs in December 2013, according to the Bureau of Labor Statistics. The drop of 300 jobs from the 155,400 reported in December 2012 is a decrease of about 0.2 percent.