Tyson Wins Bidding War For Hillshire With $7.75B OfferTyson had been vying with rival poultry producer Pilgrim's Pride for Hillshire, which wrapped up its bidding process Sunday. Tyson ended up raising its offer to $63 per share. It had previously offered $50 per share, after which Pilgrim's Pride raised its bid to $55 per share.
Hillshire Looks Beyond Meat With Birds Eye, VlasicThe Chicago-based company, which makes Hillshire Farm lunch meats, Jimmy Dean sausages and Ball Park franks, said Monday that it would buy Pinnacle Foods in a deal valued at $4.23 billion.
Hot Dog Companies Square Off Over Ad ClaimsTwo Chicago companies are squaring off Monday over hot dogs.