by - February 13, 2015 9:48 pm
Sean Connolly to become CEO of ConAgra Foods
Sean Connolly will become CEO of ConAgra Foods effective April 6 upon the retirement of Gary Rodkin. Rodkin will serve as a senior advisor to the company between April 6…
Tag: Hillshire Brands
by - September 22, 2014 12:34 pm
Hillshire, subsidiary of Tyson Foods settles hiring dispute
Hillshire Brands has agreed to pay $330,000 in back wages as part of a settlement with the U.S. Department of Labor over claims of hiring discrimination against 2,474 men in…
by - July 15, 2014 10:51 pm
Hillshire shareholders sue to stop Tyson takeover
An investor lawsuit against Hillshire Brands was filed this week by Shareholders Foundation Inc. The suit claims Hillshire executives breached their fiduciary duties by agreeing to sell the company to…
by - July 2, 2014 10:26 am
Tyson and Hillshire boards approve $8.55 billion merger
Tyson Foods and Hillshire Brands on Wednesday (July 2) confirmed they have entered into a definitive agreement under which Tyson will acquire all outstanding shares of Hillshire for $63 per share….
by - July 1, 2014 10:18 am
Pinnacle drops Hillshire deal, opens path for Tyson Foods’ acquisition
Pinnacle Foods announced Monday (June 30) it has exercised its right to terminate the merger agreement with Hillshire Brands, originally announced in May. That move now clears the way for the…
by - June 16, 2014 11:53 am
Tyson Foods is one step closer to owning Hillshire
Hillshire Brands’ board of directors have recommended the termination of the company’s contract to acquire Pinnacle Foods and move toward the $8.55 billion offer by Tyson Foods. “In accordance with…
by - June 12, 2014 4:21 pm
Tyson Foods’ bid for Hillshire could be held up by Pinnacle
The largest deal in meat history — Tyson Foods’s $8.55 billion offer to acquire HIllshire Brands — may soon reach the Hillshire board for approval, according to persons close to…
by - June 11, 2014 5:15 pm
Analysts say Tyson overpaid for Hillshire, investment grade could suffer
Few reviews of the move by Springdale-based Tyson Foods to acquire Hillshire Brands for $8.55 billion are favorable. Several analysts say Tyson overbid at $63 per share for Hillshire Brands at…
by - June 3, 2014 3:10 pm
Food fight is on between Tyson Foods and Pilgrim’s for Hillshire Brands
This bidding for breakfast sausage could get expensive. What began as a $6.5 billion bid by Pilgrim’s Pride for Hillshire Brands, has now seen Pilgrim’s up its bid to $7.7…
by - April 21, 2014 12:47 pm
The Supply Side briefs: Hillshire, TreeHouse buy natural foods businesses
• Hillshire Brands to acquire Van’s Natural Foods Hillshire Brands has signed an agreement to acquire Van’s Natural Foods from private equity firm Catterton Partners for $165 million. Van’s Natural…
by - April 4, 2014 4:37 pm
Hillshire Brands to shutter Alabama plant
Tyson Foods competitor Hillshire Brands Co., said Friday (April 4) it plans to close its processing facility in Florence, Ala., eliminating 1,100 jobs by Dec. 30. The announcement was made…