Hillshire Officially Ditches Pinnacle Foods Merger For “Superior” Tyson Deal

Hillshire Officially Ditches Pinnacle Foods Merger For “Superior” Tyson Deal

In a move weeks in the making, Hillshire Brands officially left Pinnacle Foods at the altar for Tyson Foods. [More]

Tyson Foods Ups Hillshire Bid To $8.5B, Competitor Pilgrim’s Pride Withdraws Offer

Tyson Foods Ups Hillshire Bid To $8.5B, Competitor Pilgrim’s Pride Withdraws Offer

If there were a book dedicated to showing companies how to win bidding wars, one of the surefire way to come out on top might include raising your offer by $2 billion. The tactic seems to have worked for Tyson Foods in its quest to outbid Pilgrim’s Pride in acquiring Hillshire Brands. [More]

(Tracy O)

Pilgrim’s Pride Raises Its Bid To More Than $6.7B For Hillshire Brands After Tyson’s Offer

When Pilgrim’s Pride first started its pursuit of Hillshire Brands, the company behind Jimmy Dean breakfast sausages, a $6.4 billion offer seemed like a good place to start. But now that Tyson Foods is on the scene, flinging about a $6.8 billion bid of its own, Pilgrim’s Pride is feeling the heat of competition and has come back with a raised offer of more than $6.7 billion. [More]

Tyson Foods Makes A Play For Hillshire Brands With $6.8B Offer

Tyson Foods Makes A Play For Hillshire Brands With $6.8B Offer

There’s a meaty war brewin: just two days after Pilgrim’s Pride made a bid to take over Hillshire Brands, Tyson Foods crashed the party and upped the stakes with a bid of its own. [More]

Pilgrim’s Pride Makes Move To Purchase Hillshire Brands For $6.4B

Pilgrim’s Pride Makes Move To Purchase Hillshire Brands For $6.4B

What do you get when you combine the second-largest chicken producer in the United States and one of the top packaged meat and frozen food companies in the world? The country’s largest producer of meat for breakfast, lunch and dinner. Or to be more accurate, the possible take over of Hillshire Brands Co., by Pilgrim’s Pride. [More]

Jimmy Dean-Maker Hillshire Brands Buys Vlasic-Maker Pinnacle Foods For $4.3B

Jimmy Dean-Maker Hillshire Brands Buys Vlasic-Maker Pinnacle Foods For $4.3B

How does Duncan Hines chocolate cake, Vlasic pickles and Jimmy Dean sausage sound for breakfast? While the line-up has always been a possibility for those with, ahem, interesting cravings, now those seemingly different menu items have something pretty big in common: their parent company. [More]