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DOJ requests additional information for Tyson, Hillshire deal

Aug. 13, 2014 3:58 AM ETTyson Foods, Inc. (TSN) StockTSN, HSHBy: Yoel Minkoff, SA News Editor
  • The Department of Justice's Antitrust Division has requested additional information from Tyson Foods (NYSE:TSN) and Hillshire Brands (NYSE:HSH) regarding their $7.7B deal announced in June.
  • Tyson's tender offer, which was scheduled to expire on July 16, has been extended until Aug. 19. The companies estimate the deal to be completed by Sept. 27.
  • Antitrust experts are expecting the deal to win approval, since the companies tend to sell different products.

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