Pilgrim's Pride on Tuesday said it is offering to acquire meat producer Hillshire Brands in a deal worth about $5.58 billion.
Photo by Associated Press /Chattanooga Times Free Press .
published Tuesday, May 27th, 2014
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Pilgrim's Pride launched a takeover bid for Hillshire Brands on Tuesday that would expand its business beyond fresh and frozen chicken into a variety of packaged meats, including Ball Park hot dogs and Jimmy Dean sausages.