All Posts Tagged Tag: ‘mergers. Hillshire Brands’

Hillshire Farm Buys Pinnacle Foods For $6.6 Billion

Hillshire Brands, the food company behind Jimmy Dean Sausages, Ball Park hot dogs, and Sara Lee frozen pies, today announced that it will be acquiring food company Pinnacle Foods. Hillshire will acquire all outstanding shares of Pinnacle stock for approximately $4.3 billion. Including Pinnacle’s debt, the deal is valued at around $6.6 billion. Pinnacle foods is best known for its …

Read More