Pinnacle Foods Lets Hillshire Out Of Sale Pact

Now watching

Next video starts in : 7 Play

Pinnacle Foods Lets Hillshire Out Of Sale Pact

Pinnacle Foods Lets Hillshire Out Of Sale Pact
Replay video
Up next

Johnny Depp Allegedly Violated Australia's Pet Import Law

Unlock your personal NFL Now stream by signing in to NFL.com

Pinnacle Foods Lets Hillshire Out Of Sale Pact

by Wochit 0:42 mins

Pinnacle Foods Lets Hillshire Out Of Sale Pact

by Wochit 0:42 mins

Pinnacle Foods said Monday it has scrapped its sale to Hillshire Brands, freeing Hillshire to be acquired by Tyson Foods. Pinnacle Foods, which makes Birds Eye frozen vegetables, Duncan Hines cake mixes and Hungry-Man frozen dinners, said it will get a $163 million breakup payment from Hillshire. The Parsippany, N.J., company said it expects about $25 million in one-time costs connected to the scratched sale. Chicago-based Hillshire Brands agreed to buy Pinnacle Foods for $4.23 billion in May.

Wochit

Must Watch

  1. 1:45

    Yahoo Health's Snack Bar Taste Test

  2. 2:04

    Company's New Building Is Epic Star Trek Replica

  3. The Rentals - The Rentals LIVE Concert

  4. 26:11

    Community Episode 12: Wedding Videography

  5. 1:03

    Flash Flooding Endangers Houston Residents

  6. 2:58

    Miranda Lambert - Miranda Lambert's Angelic New 'Roots and Wings'

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless