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Hillshire Brands Ending Bid for Pinnacle Foods
2014-06-18 11:57:08| Food - Topix.net
The Hillshire Brands Co. is withdrawing its recommendation to shareholders to approve the acquisition of Pinnacle Foods Inc. Following the $63-per-share proposal from Tyson Foods Inc. to acquire Hillshire Brands, the board in good faith determined that it would be inconsistent with their duties as directors to fail to withdraw its recommendation of ... (more)
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Category:Food and Related Products