DOJ requests additional information for Tyson, Hillshire deal

|About: Tyson Foods Inc. (TSN)|By:, 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.