date:May 30, 2014
es, and whittle costs to boost profits, Vicki Bryan, senior high yield analyst, at corporate bond research service Gimme Credit, said in a note.
Tyson's prepared foods business focuses on foodservice clients and private label. The acquisition would raise its profile in the grocery aisle, where Hillshire also sells Aidells artisan sausages, Ball Park hot dogs and Jimmy Dean bacon.
The company said the merger would provide it with stable and consistent demand for protein products.
Tyson said it