Analysis: Tyson Foods will have to stretch if it wants Hillshire Brands


Shares of Hillshire Brands (HSH) are up 8.3% to $58 in premarket action as investors bet another offer will come down the pike to top the $55 bid from Pilgrim's Pride (PPC).

Analysts think $55 is close to where Tyson Foods (TSN) thought it could nab Hillshire, indicating the company may have to stretch if it wants to get its quick entry into the breakfast market through Hillshire.

Comments (1)
  • Willow Street Investments
    , contributor
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    I sold at 52. :-(
    3 Jun 2014, 07:53 AM Reply Like
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