Tyson Wins Hillshire Farms Sweepstakes—for $7.7B
Almost $1B more than rival Pilgrim's Pride offered
By Kevin Spak, Newser User
Posted Jun 9, 2014 11:38 AM CDT
This file photo combo shows a package of frozen Tyson Chicken Nuggets, left, and a package of Hillshire Farm sausage, in Palo Alto, Calif.   (AP Photo/Paul Sakuma, File)

(Newser) – Tyson Foods has won the bidding war to buy Hillshire Brands, topping an offer from rival Pilgrim's Pride by almost a billion dollars, the Wall Street Journal reports. Tyson will pay $63 a share in cash for Hillshire, which makes Jimmy Dean sausages and Ball Park franks, among other food products. The deal values the company at $7.7 billion. Pilgrim's Pride had offered $55 a share. Tyson's CEO explained the big offer by saying that companies like Hillshire "don't become available too often."

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Ezekiel 25:17
Jun 11, 2014 11:51 AM CDT
This seals the next dictator in chief, Hellary. Tyson is the biggest contributor to Democratic causes. It started in Arkansas by totally bank rolling the Clintons into office. Then when Barry came along, he first started by tapping the dollars from mostly entitlement recipients. So, in a way, the US government paid for Barry to be installed as dictator in chief because those funds came from the US treasury as entitlement recipients do not make their own monies. And let me be perfectly clear, entitlement is Snap/Access, Section-8, TANF, SSI, AFDC, Wic, etc. It is NOT social security, disability, work comp, GIbill, etc, those are earned benefits. Barry spent $1 billion dollars on a Dish Network channel for 18 months. Those funds came mostly from compaies like Tyson. This is after Tyson started the human trafficking system approved by Clinton. I say that because a court found Tyson innocent of all charges. That's when they were caught ordering up illegals from Mexico and they used a Democratic Senator to handle the white washing of the INS papers. They were staged in Little Dixie by the Senator promising BNSF nice government regulation easing if BNSF moved the crew stopover from Muskogee, OK to McAlester OK. It worked and then the illegals started arriving via the crew stopover. They were offloaded at Monroe and Main and then taken to the hotel owned by the senator's brother. They would do a hundred at a time because that's how many fit in two train cars (a system worked out by Auschwitz-Birkenau). That's also all BNSF could afford to lose in freight revenues. They would get white washed INS papers and then they moved on to Arkansas to work in one of many Tyson chicken processing plants. The INS would have never found out if it weren't for the deaths and accidents. First it was a chained fire exit and some deaths. Then as time went on, a lot of those illegals went on to commit crimes in Fort Smith and Little Rock. Then it was up to sheriff departments to solve the issue of the open border bringing so many illegals into Arkansas. Then they connected the dots and they set up a sting operation at Tyson plants. They got as much evidence as needed for an indictment from a federal grand jury and filed charges on several top Tyson officials. But this is Bill Clinton's home and he's the ultimate Teflon don. He learned all that from the Queen of mean, the butcher of Mena, his wife. All Tyson officials were found innocent in federal court, thus Clinton's court said, "Tyson can commit as much human trafficking as they want, we do not give a d@mn about it."
SPHeroid
Jun 10, 2014 12:18 AM CDT
It's really kind of sad..... Hillshire Farms was of several dozens of small sausage makers in southern Wisconsin... (that would be small in product output; Hillshire sold kielbasa as a two foot sausage).... Oscar Meyer was another one... But alas, starting in 1970's the big food conglomerates started to buy them up... some they simply shut down; Others had "efficiency" experts change processes and recipes to squeeze another penny of profit....Their products went from great to fair to crap.... There are still some great sausage makers in Wisconsin, so all hope is not lost....
fractal
Jun 9, 2014 2:03 PM CDT
Tyson makes crappy products after torturing animals. I won't go near any of their food---if that is what you want to call it...