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Pilgrim’s Pride raises offer to $7.7 billion for Hillshire Brands
date:Jun 04, 2014
quisition of Hillshire Brands will be immediately accretive to its earnings. The company expects to experience approximately $300 million in annual savings from operational and supply chain efficiencies.

Both offers from Pilgrims Pride and Tyson Foods to acquire Hillshire Brands have been unsolicited. On June 3, Hillshires board of directors said it will enter into formal talks with both Pilgrims Pride and Tyson Foods.

Hillshire Brands is party to a merger agreement with Pinnacle Foods pursuan

12/21 20:43