Sunday, Oct 26, 2014
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Recent Comments

pjohnf - Beardstown gets $2.5 million for community pool - Quincy, IL News - QuincyJournal.com
Good for Beardstown but did Quinn have to wait until election time to hand out tax dollars, I think not but it can buy votes from the stupid.
pjohnf - Illinois quarantine for people who touched Ebola patients - Quincy, IL News - QuincyJournal.com
It appears Quinn is smarter than Obama, at least Quinn has enough sense to order Ebola exposed people to stand a 21 day quarantine even if Obama won't stop travel between west Africa and America.
pjohnf - Quinn, Durbin to drop in Monday for Port Authority announcement - Quincy, IL News - QuincyJournal.co
Wonder how much of our tax dollars Moe and Larry are going to hand out? They should bring Curly Madigan with them and we'll have the axis of evil all together.
ONCEMORE1 - Quinn, Durbin to drop in Monday for Port Authority announcement - Quincy, IL News - QuincyJournal.co
If we held elections every year, we'd get a lot more money!!
qfingers - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
And for a differing view...the largest public works project since the federal highway system...and they aren't sure why elementary kids improved but high schoolers didn't. Except they suspect it's because the younger teachers were attracted to the new elementary schools. http://newscenter.berkeley.edu/2012/08/14/la-unif...

Most Popular

School Board to outline plans for savings, old buildings if referendum passes

Adams Co. Divorces for 10/24

Several honored during C-SC Homecoming

Illinois Early Voting starts: Cook County ballot box tries to cast GOP votes for Democrats

Quincy School Board pledges to reinvest savings from new buildings

Bill Clinton to address workers at pro-Quinn rally

Man arrested for performing lewd acts near school

Quincy man accused of theft from elderly woman

Tyson Foods Wins Bidding War for Hillshire Brands

4 months, 2 weeks ago From Illinoisagconnection.com

It appears that Tyson Foods Inc. has won the bidding battle to buy Hillshire Brands Co., besting an offer from Pilgrim's Pride Corp. Terms were not available, according to reports. 

Pilgrim's Pride had offered $55 per share, or roughly $6.82 billion, for Chicago-based Hillshire last week, upping its offer after Tyson entered the bidding with an offer of $50 per share, or roughly $6.2 billion, for Hillshire on May 29.

Hillshire, the maker of Jimmy Dean sausage and Ball Park hot dogs, agreed last week to share information with Pilgrim's Pride and Tyson and hold separate discussions with both suitors regarding their unsolicited proposals.

Hillshire has been seen as a potential acquisition candidate for months as companies look for ways to boost their sales of branded foods, which often carry higher profit margins than commodity-focused items. Tyson and Pilgrim's Pride each handle meat processing and have some branded operations. Both have said they were attracted to Hillshire in part because of its presence in areas such as brand-name breakfast foods.

Tyson has already done smaller acquisitions over the past several months, including its January purchase of the assets of Michigan-based Bosco’s Pizza Co., a maker of stuffed breadsticks and frozen pizzas.

Pilgrim's Pride is 75-percent owned by Brazil’s JBS S.A., the world's largest meat company. An acquisition of Hillshire would allow it to expand further into retail products and to bring the U.S.-focused Hillshire products into international market


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 8 hours, 4 minutes ago

Illinois quarantine for people who touched Ebola patients - No Ebola cases have been reported in Illinois http://t.co/tGPGaakbeA
QuincyJournal on Twitter

QuincyJournal 9 hours, 3 minutes ago

Kahn named to QU Board of Trustees http://t.co/DDxJSFzNTU
QuincyJournal on Twitter

QuincyJournal 9 hours, 3 minutes ago

Quinn, Durbin to drop in Monday for Port Authority announcement http://t.co/kLNQRJLgkp
QuincyJournal on Twitter

QuincyJournal 12 hours, 4 minutes ago

QHS presents "The Music Man" - Production begins November 5 http://t.co/lYtqXrzghO