Livestock
Markets
Reuters
Pilgrim’s bid for Hillshire puts Pinnacle deal in peril
Reuters — Pilgrim’s Pride Corp. on Tuesday offered to buy Hillshire Brands in an all-cash deal valued at US$6.4 billion, as the world’s second-largest chicken processor seeks to expand its protein footprint with Hillshire’s sausages and lunch meats. Shares in Hillshire soared almost 23 per cent on word of the […]
