News / 8 hours ago

Tyson Foods Acquires AdvancePierre for $4.2 Billion

Tyson Foods Inc. and AdvancePierre Foods Holdings Inc. have entered into a$4.2 billion merger agreement to acquire all of AdvancePierre’s outstanding common shares for $40.25 per share in cash. AdvancePierre is a leading national producer of ready-to-eat lunch and dinner sandwiches, sandwich components and snacks, with product categories that are complementary to Tyson’s current offerings.