Tyson Foods Completes Acquisition of Advancepierre
The move is aligned with Tyson Foods’ strategic intent to sustainably feed the world with a growing portfolio of protein packed brands
Tyson Foods, Inc. completed the acquisition of AdvancePierre Foods Holdings, Inc., a move aligned with Tyson Foods’ strategic intent to sustainably feed the world with the fastest growing portfolio of protein packed brands.
The company completed a tender offer to buy all the outstanding shares of common stock of AdvancePierre for $40.25 per share in cash, without interest. The offer expired at 12:00 midnight at the end of June 6, 2017, and was followed by a merger of a wholly-owned subsidiary of Tyson Foods into AdvancePierre. The total value of the transaction was approximately $4.2 billion.