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  • May 29- Tyson Foods Inc has offered to buy Hillshire Brands Co for $6.8 billion, upstaging Pilgrim's Pride Corp's $6.4- billion bid and signaling a high-stakes food fight for the seller of Hillshire sausages and Jimmy Dean sausages.

  • UPDATE 2-Tyson tops Pilgrim's offer to buy Hillshire Thursday, 29 May 2014 | 11:14 AM ET

    May 29- Meat processor Tyson Foods Inc offered to buy Hillshire Brands Co for $6.13 billion, trumping a bid from Pilgrim's Pride Corp, as it looks to expand into the fast-growing market for branded breakfast foods. Tyson offered $50 per share for the maker of Ball Park hotdogs and Jimmy Dean Sausages, $5 more than Pilgrim's bid.

  • CNBC's Jim Cramer and David Faber discuss the surge in Hillshire Brands since the offer from Pilgrim's Pride.

  • UPDATE 1-Tyson offers to buy Hillshire for $6.13 bln Thursday, 29 May 2014 | 9:16 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co for $6.13 billion to expand into the fast-growing market for breakfast foods. The offer comes two days after Pilgrim's Pride Corp offered to buy Hillshire in an all-cash deal valued at $6.4 billion to expand its protein footprint with Hillshire's sausages and lunch meats.

  • Tyson offers to buy Hillshire in $6.8 bln deal Thursday, 29 May 2014 | 8:45 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co in a deal valued at $6.8 billion to expand into the breakfast food category. Tyson said it would offer $50 per share, representing a premium of about 11 percent to Hillshire's closing on Wednesday.

  • Japanese Economics Minister Akira Amari told Trans-Pacific Partnership trading partners at talks in Singapore last week that Japan will not agree to abolish all tariffs on wheat, rice, dairy, sugar, beef and pork.

  • Japanese Economics Minister Akira Amari told Trans-Pacific Partnership trading partners at talks in Singapore last week that Japan will not agree to abolish all tariffs on wheat, rice, dairy, sugar, beef and pork.

  • CHICAGO, May 28- An Indiana farm has become the first to confirm publicly it suffered a second outbreak of a deadly pig virus, fueling concerns that a disease that has wiped out 10 percent of the U.S. hog population will be harder to contain than producers and veterinarians expected.

  • NEW YORK, May 27- Hillshire Brands Co saw a spike in bullish options bets in the days prior to a Tuesday takeover offer from Pilgrim's Pride Corp, even as the company was in the midst of a big acquisition of its own that had hurt its share price.

  • *Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.

  • *Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks advanced on Tuesday after the S&P 500 touched a record high, buoyed by the latest round of merger activity and as expectations for rate cuts at the European Central Bank stoked investors' appetite for equities.

  • Shares of Hillshire Brands surged on the offer from Pilgrim's Pride. The fifth largest shareholder in Hillshire, Mario Gabelli, Gabelli Funds Chairman & CEO, shares his opinions.

  • May 27- Poultry producer Pilgrim's Pride Corp said it offered to buy Hillshire Brands Co for $5.52 billion, a deal that could add pork and beef products such as Jimmy Dean sausages and Hillshire lunch meats to its portfolio.

  • *Hillshire Brands shares jump after Pilgrim's Pride bid. *Cisco shares up on Deutsche Bank upgrade, price target hike. NEW YORK, May 27- U.S. stocks rose on Tuesday with the S&P 500 hitting a fresh record high supported by merger activity and as expectations for rate cuts at the European Central Bank stoked bids for equities.

  • *Hillshire Brands shares jump after Pilgrim's Pride bid. *Cisco shares up on Deutsche Bank upgrade, price target hike. *Aeropostale jumps after it secures $150 mln credit facility.

  • May 27- Pilgrim's Pride Corp, the world's second largest chicken producer, said it offered to buy packaged food company Hillshire Brands Co in a $6.4 billion deal as it looks to add pork and beef products to its portfolio.

  • US STOCKS-Futures up on ECB hopes, merger activity Tuesday, 27 May 2014 | 7:51 AM ET

    *Hillshire Brands shares jump after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stock index futures rose on Tuesday, ahead of a data-heavy session, as expectations for rates cuts by the European Central Bank stoked bids for equities even as the benchmark S&P 500 index closed at a record on Friday.

  • May 27- Poultry producer Pilgrim's Pride Corp said it offered to buy packaged food company Hillshire Brands Co in a deal valued at $6.4 billion.

  • Summer costs rising: Food & gas     Friday, 23 May 2014 | 2:47 PM ET

    Inside the rising cost of food and gas this summer, with CNBC's Jane Wells and Jackie DeAngelis.

  • Two firms recall walnuts, hummus on listeria scare Friday, 23 May 2014 | 2:38 PM ET
    Walnuts by Sherman Produce recalled due to possible health risk.

    Two companies issued voluntary recalls of hummus dips and walnuts sold at major retailers after listeria was detected in samplings of the products.