Tyson Foods, Inc. (NYSE:TSN) formally struck a deal on Wednesday to buy Hillshire Brands Co (NYSE:HSH) for $7.7 billion, capping a drawn-out bidding war.
As part of the deal, Hillshire Brands Co (NYSE:HSH)’s Jimmy Dean sausages, Ball Park hot dogs and other products would come under the ambit of Tyson Foods, Inc.
Tyson Foods’ conditional offer
In June, Tyson Foods, Inc. (NYSE:TSN) prevailed over Pilgrim’s Pride Corporation by offering to buy Hillshire Brands...
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