Form 8-K TYSON FOODS INC For: Jul 28

Go back to Form 8-K TYSON FOODS INC For: Jul 28

Tyson Foods (TSN) Announces 24M Common, 30M Equity Units Offering

July 28, 2014 7:42 AM EDT

Tyson Foods (NYSE: TSN) has commenced concurrent public offerings of 24,000,000 shares of its Class A common stock and 30,000,000 tangible equity units, with each tangible equity unit having a stated amount of $50 and comprised of a prepaid stock purchase contract and a senior amortizing note due July 15, 2017, each issued by the company. These offerings are separate public offerings made by... More

Tyson Foods (TSN) Will Sell Mexico, Brazil Poultry Businesses in $575M Deal

July 28, 2014 6:50 AM EDT

Tyson Foods (NYSE: TSN) has reached a definitive agreement with JBS SA to sell its poultry businesses in Mexico and Brazil, the company announced today.

The transaction is valued at $575 million and will be paid for in cash. Tyson Foods officials currently expect the sale, which is subject to regulatory approval, to be completed by the end of 2014. JBS and Pilgrim's Pride currently expect to maintain all the operations working to capacity with the existing workforce and to maintain all... More

Tyson Foods Inc. (TSN) Misses Q3 EPS by 3c

July 28, 2014 6:49 AM EDT

Tyson Foods Inc. (NYSE: TSN) reported Q3 EPS of $0.75, $0.03 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $9.68 billion versus the consensus estimate of $9.47 billion.

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