NPR logo

Tyson Foods Prevails In Bidding War For Hillshire Brands

  • Download
  • <iframe src="https://www.npr.org/player/embed/320220034/320220038" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Tyson Foods Prevails In Bidding War For Hillshire Brands

Business

Tyson Foods Prevails In Bidding War For Hillshire Brands

Tyson Foods Prevails In Bidding War For Hillshire Brands

  • Download
  • <iframe src="https://www.npr.org/player/embed/320220034/320220038" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Tyson, the nation's biggest meat company, beat out Pilgrim's Pride, which is owned by a giant Brazilian food corporation. The deal, reportedly worth just under $7 billion, was made over the weekend.

DAVID GREENE, HOST:

NPR's Business News like, perhaps your breakfast, begins with sausage. Tyson Foods has prevailed in a bidding war for Hillshire Brands, the maker of Jimmy Dean sausage as well as Ball Park hotdogs. The deal, reportedly worth just under $7 billion, was made over the weekend, although details have not yet been made public. Tyson, the nation's biggest meat company, beat out Pilgrim's Pride, which is owned by a giant Brazilian food Corporation.

Copyright © 2014 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.