Tuesday, June 3, 2014

Hillshire Will Talk With Tyson, Pilgrim's Pride

NEW YORK (AP) -- The board of Hillshire Brands has decided to hold separate talks with Pilgrim's Pride and Tyson Foods, as the two major meat processors engage in a bidding war for the maker of Jimmy Dean sausages and Ball Park hot dogs. The announcement by Hillshire Brands on Tuesday comes one day after Pilgrim's Pride Corp. increased its bid to $55 per share, or $6.8 billion, from $45 per ...

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