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Hillshire Brands' Shares Spike In #PreMarket Trading
Tuesday, May 27, 2014 - 8:22am | 237Pilgrim Pride (NASDAQ: PPC) announced Tuesday morning a proposal to acquire Hillshire Brands (NYSE: HSH) in an all-cash transaction valued at $6.4 billion. Pilgrim's CEO William Lovette commented, "Our proposal creates considerable value for the shareholders of both Pilgrim's and Hillshire."...