Pilgrim's Pride Corp. (Nasdaq: PPC) offered to acquire The Hillshire Brands Co. (NYSE: HSH) in cash deal valued at approximately $6.4 billion. Shares of Pilgrim's Pride added 41 cents to $25.51 while Hillshire Brands stock leaped $8.38 to $45.40.
Pilgrim's Pride offers $6.4 billion for Hillshire Brands
May 27, 2014 at 15:13 PM EDT
