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Article: Tyson Foods, Inc. Offers to Acquire IBP, inc. in Transaction Valued At $4.2 Billion.
- Article from:
- PR Newswire
- Article date:
- December 4, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SPRINGDALE, Ark., Dec. 4 /PRNewswire/ --
Tyson Foods, Inc. (NYSE: TSN) announced today an offer to acquire all outstanding common stock of IBP, inc. (NYSE: IBP) through a part-cash, part-stock transaction. Under the proposal, IBP shareholders will receive $26.00 for each share of IBP common stock, with 50% of the consideration in cash and 50% in Tyson Class A common stock. The proposed transaction would have a total transaction value of approximately $4.2 billion, including the assumption of $1.4 billion of IBP debt. The proposal is not subject to the receipt of financing, as Tyson believes that it can finance the cash portion of the purchase price from ...
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Article: Tyson Foods Inc.(Public Reports)
Arkansas Business;
November 26, 2007 ;
392 words
...* Tyson Foods Inc. declared the quarterly dividend of 4 cents a share on Class A common stock and $.036 a share on Class B common stock, payable on March 15, 2008, to shareholders of record at the close of business on March 1, 2008.
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