Pilgrim's Pride One-Ups Tyson Foods And Offers Nearly $8 Billion For Hillshire

June 04, 2014   |   June 2014 Bond Updates
A bidding war has broken out between Pilgrim's Pride and Tyson Foods for Hillshire Brands, with the latest chapter of the saga finding Pilgrim's upping its original $6.4 billion bid by $1.3 billion in an effort to acquire the maker of Jimmy Dean and block its proposed merger with Pinnacle Foods.

View more at: http://www.forbes.com/sites/maggiemcgrath/2014/06/03/pilgrims-pride-one-ups-tyson-foods-and-offers-nearly-8-billion-for-hillshire/
 
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