Tyson Foods (TSN) Takes a 5% Stake in Beyond Meat
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Beyond Meat and Tyson Foods Announce Investment Agreement
October 10, 2016 4:25 PM EDTEL SEGUNDO, Calif., and SPRINGDALE, Ark., Oct. 10, 2016 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) has taken a 5-percent ownership stake in plant-based protein producer Beyond Meat, both companies announced today. The investment, provided through a fundraising initiative by Beyond Meat, will provide additional capital to help the company expand its product portfolio and distribution. Beyond Meat will remain an independent, privately held company led by Founder and CEO Ethan Brown.
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