Tyson Foods, Inc. (NYSE:TSN) Plans to Forego the Use of Antibiotics On Chicken

Tyson Foods, Inc. (NYSE:TSN) has decided to phase out the use of antibiotics amid concerns that an overuse of antibiotics may put humans at risk. With this Tyson has become the latest chicken company to forego the use of antibiotics. The company will be eliminating antibiotics use in its poultry over the next two years. […]

Tyson Foods, Inc. (NYSE:TSN) To Divest Hog Business As Deal With Hillshire Brands Co (NYSE:HSH) Cleared

Boston, MA 08/29/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN) has won regulatory approval to formally add Hillshire Brands Co (NYSE:HSH) to its portfolio. However, the company will have to let go its hog-purchasing business to avoid antitrust problems. The business to be divested has annual sales of about $270 million and has a workforce of about […]

Hillshire Brands Co (NYSE:HSH)’s CEO, Sean Connolly, Now An Official Member Of Tyson Foods, Inc. (NYSE:TSN), To Depart After Transition Period

Boston, MA 08/29/2014 (wallstreetpr) – As per the report in CNN Money, Tyson Foods, Inc. (NYSE:TSN) successfully completed the amalgamation with the Hillshire Brands Co (NYSE:HSH). In fact, the transaction placed Tyson in a leading position in the prepared foods industry. CEO to leave after transition period Also, as per the news published in Chicago […]

BB&T Corporation (NYSE:BBT) Upgrades Tyson Foods, Inc. (NYSE:TSN) And Primoris Services Corp (NASDAQ:PRIM) Shares

Boston, MA 08/11/2014 (wallstreetpr) – Investment and financial advisor BB&T Corporation (NYSE:BBT) has upgraded the shares of food production company Tyson Foods, Inc. (NYSE:TSN) and specialty contractor Primoris Services Corp (NASDAQ:PRIM) shares. The brokerage action came in the wake of Tyson Foods reporting its results ten days ago and Primoris disclosing its financial results on […]

Tyson Foods, Inc. (NYSE:TSN) Closing Three Plants ahead of Hillshire Brands Co Acquisition

Boston, MA 07/28/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN) is set for the closure of three of its plants in Iowa, New York and New Mexico ahead of the impending acquisition of Hillshire Brands. The closure is expected to affect up to 905 employees with the company citing financial struggles of the plants, as the […]

Hillshire Moves Closer to be Acquired Tyson Foods, Inc. (NYSE:TSN)

Boston, MA 06/19/2014 (wallstreetpr) – Meat Processor, Hillshire Brands Co (NYSE:HSH), moved closer to being acquired by Tyson Foods, Inc. (NYSE:TSN) for $8.6 billion in cash and assumed debt, after dropping its bid to acquire Pinnacle Foods Inc.. Hillshire Board of Directors have voted unanimously to terminate their bid to acquire Pinnacle. The board’s notes’ that […]

Hillshire Brands Co (NYSE:HSH) No longer Interested In Pinnacle Foods Inc (NYSE:PF)

Boston, MA 06/18/2014 (wallstreetpr) –  Hillshire Brands Co (NYSE:HSH) has made it loud and clear that the acquisition of Pinnacle Foods Inc (NYSE:PF) is not in the best interest of its shareholders, and it is no longer interested in buying the company. It said it would recommend against the deal to its shareholders who are expected […]

Tyson Foods, Inc. (NYSE:TSN) And Monett City Faces Violations After Chemical Spill Incident In Clear Creek

Boston, MA 06/11/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN) as well as The City of Monett are facing violations now from the Department of Natural Resources because of the chemical incident that took place in May 2014. The Department of Natural Resources (DNR), in its statement said that Tyson and City of Monett are defaulters […]

Why Tyson Foods, Inc. (NYSE:TSN)’s Acquisition Of Hillshire Foods (HSH) Is Not A Wise Move?

Boston, MA 06/11/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN)‘s deal to acquire Hillshire Foods (HSH) has not gone down so well with the investors and particularly analysts, as the food manufacturing company witnessed its shares plunge by nearly 4% on Tuesday. Hasty Decision To start with, an analyst at Credit Suisse, Robert Moskow downgraded the […]

Will Tyson Foods, Inc. (NYSE:TSN)’s Unilateral Offer to Buy Hillshire Brands Co (NYSE:HSH) Succeed?

Boston, MA 06/10/2014 (wallstreetpr) – One of the biggest processors of beef, chicken, and pork, Tyson Foods, Inc. (NYSE:TSN) had boosted its bidding price for the Hillshire Brands Co (NYSE:HSH) to take control of the company to extend its presence in the prepared food market. However, Hillshire Brands Co is yet to make up its […]

The Hillshire Brands Company (NYSE:HSH) Acquired for $8 Billion

Boston, MA 06/10/2014 (wallstreetpr) – Tyson Foods Inc (NYSE:TSN) acquires The Hillshire Brands Company (NYSE:HSH) by paying a huge amount of approximately $7.7 Billion. Tyson won the bidding battle by offering its $63 a share and beating its close competitor Pilgrim’s Pride Corporation (NYSE:PPC) by a margin of $1 Billion. Tyson has just won the […]

Tyson Foods, Inc. (NYSE:TSN) Won Hillshire Brands Co. Bidding Battle

Boston, MA 06/10/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN) won the Chicago-based Hillshire Brands Co. bidding battle and agreed to pay $7.8 billion as part of the deal. Tyson Foods believes that the deal will help the company in bolstering the fast growing morning meal segment. Hillshire’s More Than Expected Premium Considering the level of […]

Pilgrim’s Pride Corporation (NASDAQ:PPC) Wants Hillshire Brands Co. (NYSE:HSH) At Any Cost

Boston, MA 06/04/2014 (wallstreetpr) – Pilgrim’s Pride Corporation (NASDAQ:PPC) overtakes the bid of Tyson Foods Inc. (NYSE:TSN) to acquire Hillshire Brands (NYSE:HSH). Initially, when Pilgrim’s Corp decided to take over Hillshire, it had made an offer of $45 per share. However, there was one more takeover offer waiting for Hillshire. Tyson Foods offered $50 per […]

Tyson Foods, Inc. (NYSE:TSN) Intends To Become Market Leader In Packaged Foods

Boston, MA 05/30/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN) proposes to acquire Hillshire for $50.00 per share in cash, which represents 35% premium on the closing price on the Company’s share on May 9, 2014. The total value for the transaction was $6.8 billion, including Hillshire net debt. The transaction value was 13.4x on Hillshire’s trailing […]

Tyson Foods, Inc. (NYSE:TSN) Predicts Opportunities For Innovatition

Boston, MA 05/23/2014 (wallstreetpr) – Tyson Foods, Inc. (NYSE:TSN), the 1935 founded company is one of the world’s major processor as well as marketers of chicken, pork and beef. The Arkansas based business on May 21, 2014 announced that from now onwards protein will play a prominent role in the diet chart of people. The […]