Corporate Operations: Page 340
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Tyson wins battle for Hillshire Brands
Details are few, but reports early this morning put the winning bid at $63 a share.
By Paul Conley • June 9, 2014 -
Dole CEO attends port celebration, complains of slow work
David Murdock used a celebration of his company's time at the port as an opportunity to vent.
By Paul Conley • June 6, 2014 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Nestle hints at sale of underperforming brands, again
Nestle's CEO suggested his company was losing patience with sub-par brands.
By Paul Conley • June 5, 2014 -
Maple Leaf says it's not for sale as meat-merger fever spreads
The Canadian meat processor has attracted talk of a sale since Hillshire Brands became the focus of a bidding war.
By Paul Conley • June 5, 2014 -
Chinese anti-corruption campaign hits Remy Cointreau profits
The cognac maker said a campaign to reduce corruption in China has caused sales to drop dramatically.
By Paul Conley • June 5, 2014 -
Hillshire agrees to talk with Tyson and Pilgrim's
The meat processor at the center of a full-scale bidding war says it will entertain offers.
By Paul Conley • June 4, 2014 -
As Annie's sales rise, organic wheat costs hurt bottom line
The natural and organic food maker said sales jumped 33%, mostly on a rise in snack purchases.
By Paul Conley • June 4, 2014 -
New association to promote California wines in Asia
The California Wine Association aims to increase sales in Asia for the state's wineries.
By Paul Conley • June 3, 2014 -
McCain Foods rethinks expansion plans
The french fries maker has put a planned $100 million plant expansion on hold.
By Paul Conley • June 3, 2014 -
Sunny Delight brings energy drink to test markets
Unlike many rivals in the energy drink market, SunnyD X is caffeine-free.
By Paul Conley • June 3, 2014 -
Bidding war update: Pilgrim's boosts offer for Hillshire
The poultry processor increased its offer to $55 a share, topping a previous offer from rival Tyson Foods.
By Paul Conley • June 3, 2014 -
Feds indict former COO of Adams Produce
Steven Finberg is the seventh executive to be charged in connection with alleged fraud at the Alabama company.
By Paul Conley • June 2, 2014 -
Danone commits to sustainable palm oil sourcing
The decision comes after the global dairy giant was criticized in a report by the Union of Concerned Scientists.
By Paul Conley • June 2, 2014 -
Indonesia testing Cadbury chocolates after pig DNA scandal
Officials from the nation, which has the world's largest Muslim population, said they will test to ensure Cadbury products meet halal standards.
By Paul Conley • May 30, 2014 -
Dole Food sells stake in Compagnie Fruitière
The sale ends a 21-year relationship between the two companies.
By Paul Conley • May 30, 2014 -
Wrigley to add Skittles production at Illinois plant
The company plans to spend $50 million on the plant expansion.
By Paul Conley • May 30, 2014 -
Tyson tops Pilgrim's bid for Hillshire, bidding war expected
Tyson Foods outbids Pilgrim's earlier $6.4 billion offer to take control of Hillshire, but the fight isn't over.
By Paul Conley • May 30, 2014 -
Deep Dive
Everything old is new again: The return of 5 classic food brands
Companies are bringing back the food of yesteryear, reviving once-dead brands and mascots.
By Paul Conley • May 29, 2014 -
Wrigley introduces new stevia-sweetened mints
Wrigley's new Extra Professional Mints mark the company's first use of stevia for a global product.
By Paul Conley • May 29, 2014 -
Tate & Lyle reports 2% drop in profits; warns of trouble ahead
The sweetener and ingredients manufacturer blamed a drop in soft-drink sales in the U.S. for the poor performance.
By Paul Conley • May 29, 2014 -
Land O'Lakes sells bulk of egg business
The co-operative has said it plans to reduce activities in the egg business.
By Paul Conley • May 28, 2014 -
Australian farmer loses landmark suit on GMO contamination
The farmer lost organic status after GM seeds had spread to his land from a neighbor's farm.
By Paul Conley • May 28, 2014 -
Ahold misses expectations in US, Netherlands
The parent company of Stop & Shop also warned of trouble ahead in the present quarter.
By Paul Conley • May 28, 2014 -
Pilgrim offers to buy rival Hillshire in $6.4 billion deal
The deal values Hillshire some 22% higher than Friday's market close.
By Paul Conley • May 27, 2014 -
Nestea returns to airwaves in US
The iced-tea brand has seen its market share plunge since pulling back on marketing expense in recent years
By Paul Conley • May 27, 2014
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