Tyson Foods Inc prevailed over Pilgrim’s Pride Corp in a bidding war between meat processors over Hillshire Brands Co, with an increased offer valuing the maker of Jimmy Dean sausages at $8.55 billion including debt. Tyson, the world’s second biggest meat processor, said on Monday it would offer $63 per share for Hillshire, a premium of nearly 7 percent to Hillshire’s closing price on Friday. The offer followed a bidding process that concluded on Sunday. Pilgrim’s Pride said it had withdrawn its offer. Read more at Reuters…
Recent Posts
Crime Watch: Calf missing in Matagorda County
Texas & Southwestern Cattle Raisers Association Special Ranger Brent Mast, District 22 in East …
Continue Reading about Crime Watch: Calf missing in Matagorda County
Crime Watch: Bred heifer missing in Mt. Pleasant
Texas & Southwestern Cattle Raisers Association Special Ranger Bo Fox, District 12 in Northeast …
Continue Reading about Crime Watch: Bred heifer missing in Mt. Pleasant
Crime Watch: Cow missing in Kendall County
Texas & Southwestern Cattle Raisers Association Special Ranger Todd Jennings, District 26 in …
Continue Reading about Crime Watch: Cow missing in Kendall County