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Tyson Foods and Hillshire Brands announce merger agreement

( July 2, 2014, 13:10 GMT | Official Statement) -- MLex Summary: Food company Hillshire Brands and meat processor and marketer Tyson Foods announced Wednesday that the companies have entered into a definitive agreement under which Tyson Foods will acquire all outstanding shares of Hillshire Brands for approximately $8.55 billion, including Hillshire Brands’ outstanding net debt. The deal is expected to close by Sept. 27. Hillshire and Tyson are listed on the New York Stock Exchange....

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