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Tyson Foods CEO targets smaller deals for growth after $4.2 billion AdvancePierre buy

from Food Dive

Fresh off its biggest acquisition in three years, Tyson Foods' top executive says the meat processor will focus its attention on smaller "bolt-on" deals, but he wouldn't rule out a larger purchase if it was a good fit for the company. Tyson agreed to pay $4.2 billion in April for AdvancePierre, a maker of ready-to-eat hamburgers, stuffed chicken breasts, cheesesteaks and other sandwiches supplied to restaurants, hospitals, schools as well as convenience stores and vending machines. more

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