Dive Brief:

• Tyson Foods' winning bid for Hillshire Brands raises a major question: What to do about Hillshire's proposed $4.3 billion takeover of Pinnacle Foods? 
• Hillshire can get out of the deal, but it involves a somewhat complicated series of maneuvers aimed at avoiding a shareholder vote and paying a $163 million termination fee. 
• Another scenario would see Pinnacle playing hardball and forcing Hillshire to go to the trouble of holding a shareholder meeting, unless Hillshire paid a higher termination fee. 

Dive Insight:

Hell hath no fury like a food company scorned.

That's why it seems likely that Pinnacle will milk this situation for all its worth and collect a higher fee, or force its former suitor to jump through the shareholder-meeting hoop.