date:Jun 10, 2014
loser to match.
To that end, shares in Tyson and Pilgrim's were down 4.9 percent and 6.1 percent, respectively.
Athlos Research principal Jonathan Feeney said Tyson overpaid in a conventional sense. But, he said, Tyson can afford it because of what Hillshire brings to the table with its popular grocery brands.
With the Hillshire deal coming to a close, Feeney and others say Kraft Foods Group Inc's (KRFT.O) Oscar Mayer lunch meat and hot dog brand could be the next target.
Tyson's offer for