Food Fight: Pilgrim's Pride Wants Hillshire To Dump Pinnacle Foods And Join Forces |
| May 28, 2014 | May 2014 Bond Updates |
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Food fight: barely two weeks after Hillshire Brands said it would pay $4.2 billion to acquire Aunt Jemima maker Pinnacle Foods, a third food producer has thrown its hat into the ring. Pilgrim's Pride, a Colorado-based chicken company, said Tuesday that it wants to acquire Hillshire for more than $6 billion -- but only if Hillshire ditches its deal with Pinnacle. |
| View more at: http://www.forbes.com/sites/maggiemcgrath/2014/05/27/food-fight-pilgrims-pride-wants-hillshire-to-dump-pinnacle-foods-and-join-forces/ |
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