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Tyson offers $6.3 bln for Hillshire, eclipsing Pilgrim's bid
date:May 30, 2014
secured financing from Morgan Stanley Senior Funding Inc for the deal, which is expected to add to its earnings in the first year after completion.

Shares of Tyson were up 6.6 percent at $43.43, while Pilgrim's stock fell 1.5 percent to $25. Pinnacle shares were up 1.1 percent at $31.71.

12/25 08:42