The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:** Tyson Foods Inc, the largest U.S. meat processor, offered to purchase Hillshire Brands Co for $6.13 billion to expand into the fast-growing market for breakfast foods.The offer comes two days after Pilgrim's Pride Corp offered to buy Hillshire in an all-cash deal valued at $6.4 billion to expand its protein footprint with Hillshire's sausages and lunch meats.
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 traded higher by 6.13% or $2.5/share to $43.25. In the past year, the shares have traded as low as $24.48 and as high as $44.24. On average, 3482150 shares of TSN exchange hands on a given day and today's volume is recorded at 11011568.
Source
