Bloomberg: Scott Rostan “Real M&A: JBS’s Remaining Targets Lack Hillshire Appeal”
http://www.bloomberg.com/news/2014-06-12/jbs-s-remaining-targets-lack-hillshire-appeal-real-m-a.html
By Brooke Sutherland
JBS SA (JBSS3) is running out of consolation prizes.
The Brazilian meat producer’s latest attempt at a major deal was quashed this week when Tyson Foods Inc. won the bidding war for Hillshire Brands Co. (HSH) with a record premium for the food industry. Last year, JBS was preparing...