Information on global poultry, pig and animal feed markets.

All Things Poultry

Gary Thornton shares his thoughts on the US poultry industry. Thornton discusses legislation, trends, food safety issues and more relating to the poultry and meat industries in the US.

Did Tyson Foods agree to pay too high a price for Hillshire?

Was Tyson Foods’ winning bid for Hillshire Brands too high a price to pay? More than one analyst has questioned the price levels reached in the bidding for Hillshire Brands by Tyson and Pilgrim’s Pride. Tyson Foods submitted a binding offer to acquire Hillshire Brands for $63 per share in cash, in a bidding process that concluded June 8.
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Pilgrim's Pride, Hillshire Farms in takeover triangle

Pilgrim’s Pride CEO Bill Lovette made the case on May 27 for a merger with Hillshire Brands, but is his acquisition target listening? One of the most compelling merger attempts involving poultry companies is now playing out between Pilgrim’s Pride and Hillshire Brands. It’s a three-way corporate romance (two of the companies in the triangle in the poultry business), and who knows what’s next.
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