TECH FLASH Hillshire Brands to acquire Pinnacle Foods Jeremy Gerrard May 12, 2014 Companies announce that Hillshire will acquire all outstanding shares of Pinnacle in a cash and stock transaction valued at $6.6 billion.Read More
New auction set for Sunland peanut butter plant A federal bankruptcy judge ordered the new auction after the high bid came in late. Shane O'Halloran March 26, 2014 A federal bankruptcy judge ordered the new auction after the high bid came in late.Read More
TECH FLASH WhiteWave plans Earthbound Farm expansion The organics company plans to expand beyond salad greens and add snacks and juices. Shane O'Halloran March 12, 2014 New items like kale salads and organic salad kits will expand the company’s core offerings.Read More
TECH FLASH Coca-Cola eyes home market in new partnership with Keurig maker The move will bring the soft drink giant into competition with SodaStream. Shane O'Halloran February 12, 2014 The partnership agreement will last for 10 years.Read More
Coke eyes home soda market with new Green Mountain Coffee partnership The soft drink maker plans to produce single-serving Coca Cola pods for use with the forthcoming Keurig Cold system. Shane O'Halloran February 6, 2014 The soft drink maker plans to produce single-serving Coca Cola pods for use with the forthcoming Keurig Cold system.Read More
Hershey to buy Chinese candy maker for $498 million The PA-based confectioner will also assume $86 million in debt in the deal for Shanghai Golden Monkey Food. Shane O'Halloran December 19, 2013 The PA-based confectioner will also assume $86 million in debt in the deal for Shanghai Golden Monkey Food.Read More
Sysco to buy US Foods in $3.5 billion deal The deal has been approved by boards of both companies and is expected to close in the third quarter of next year. Shane O'Halloran December 9, 2013 The deal has been approved by boards of both companies and is expected to close in the third quarter of next year.Read More
TECH FLASH Fieldbus Foundation and HART Communication Foundation discuss merger A combined organization could more comprehensively address field communications and intelligent device management. Shane O'Halloran October 29, 2013 A combined organization could more comprehensively address field communications and intelligent device management.Read More
Inventure to buy Fresh Frozen Foods for $38 million The companies expect to close the deal November 1. Shane O'Halloran September 25, 2013 The companies expect to close the deal November 1.Read More
Smithfield shareholders approve sale to Shuangui The deal represents the largest ever acquisition of a US company by a Chinese one. Shane O'Halloran September 25, 2013 The deal represents the largest ever acquisition of a US company by a Chinese one.Read More