Tuesday, June 3, 2014

Pilgrim"s Pride tops Tyson Foods" offer for Hillshire

(Reuters) – Pilgrim’s Pride Corp PPC.O, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co HSH.N, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages.
Hillshire’s shares rose 9 percent to $58.50 in premarket...
Pilgrim"s Pride tops Tyson Foods" offer for Hillshire

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