The following corporate finance-related stories were reported by media on Thursday: * Sime Darby has approached Temasek Holdings for a place in the consortium that made an offer for the shares of Olam International that it does not yet own, sources said.* Food manufacturer TreeHouse Foods Inc is weighing a bid for Michael Foods Group Inc, joining a list of suitors that includes much larger rival Tyson Foods Inc, people familiar with the matter said on Wednesday.
TreeHouse Foods, Inc. (TreeHouse) is a food manufacturer servicing the retail grocery and foodservice distribution channels. Shares of THS traded higher by 1.85% or $1.36/share to $74.90. In the past year, the shares have traded as low as $60.74 and as high as $76.72. On average, 213492 shares of THS exchange hands on a given day and today's volume is recorded at 788446.
Tyson Foods, Inc. is a food production company. The Company produces, distributes and markets chicken, beef, pork, prepared foods and related allied products. Shares of TSN fell by 0.99% or $-0.42/share to $41.91. In the past year, the shares have traded as low as $22.47 and as high as $42.49. On average, 3536420 shares of TSN exchange hands on a given day and today's volume is recorded at 4495013.
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