Moving to derail Hillshire Brands' pending $4.3 billion purchase of Pinnacle Foods, Pilgrim's Pride has turned to Cravath, Swaine & Moore to advise on its $6.4 billion bid for the Sara Lee spinoff.
May 27, 2014 at 06:38 PM
1 minute read
The original version of this story was published on The American Lawyer
UPDATE: 5/29/14, 9:10 a.m. EDT. Tyson Foods, advised by Davis Polk & Wardwell global M&A cohead George Bason Jr., capital markets cohead Richard Truesdell Jr. and corporate partner Marc Williams, has stepped in and made a $6.8 billion offer for Hillshire Brands.
Pilgrim’s Pride, a unit of Brazilian beef and poultry giant JBS, said Tuesday it has made a $6.4 billion cash-and-stock bid to acquire Hillshire Brands.
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