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
    Comments (2243) | Send Message
    I sold at 52. :-(
    3 Jun 2014, 07:53 AM Reply Like
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