A PYMNTS Company

US: Jimmy Dean strikes $4.3B deal with fellow food giant

By  |  May 13, 2014

Hillshire Brands, which makes Jimmy Dean meat products, is reportedly set to acquire other food brand giants in the US with a $4.3 billion deal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Hillshire is set to merge with Pinnacle Foods, a deal that would add brands including Birds Eye frozen foods, Duncan Hines and Vlasic pickles to the Hillshire portfolio.

    According to the parties, the new company will operate almost exclusively in the US. The deal remains subject to regulatory approval but reports note that the combined entity will be much smaller than rival Kraft Foods, the owner of Oscar Mayer.

    Full content: Businessweek

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.