Tyson Foods Inc has won U.S. antitrust approval for its purchase of Hillshire Brands Company, the Justice Department said on Wednesday. The companies agreed to sell Heinold Hog Markets to win approval for the $8.5 billion deal, the department said.
The Hillshire Brands Company is a manufacturer and marketer of food products. Shares of HSH traded higher by 0.02% or $0.01/share to $62.94. In the past year, the shares have traded as low as $30.35 and as high as $62.98. On average, 4747750 shares of HSH exchange hands on a given day and today's volume is recorded at 6852833.
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 0.46% or $0.17/share to $37.32. In the past year, the shares have traded as low as $27.33 and as high as $44.24. On average, 5226050 shares of TSN exchange hands on a given day and today's volume is recorded at 2161214.
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