date:Jul 28, 2014
s make products including hot dogs, deli meats and hams.
Tyson Foods agreed in July to acquire Hillshire Brands Co. for about $7.8 billion to add retail brands such as Ball Park hot dogs and State Fair corn dogs to its production line to expand further into the market for prepared foods.
The deal will also reduce Tysons dependence on its commodity meat-packing business.
The $63-a-share takeover of Hillshire is anticipated to close by Sept 27.