Tyson Foods Reportedly Interested In Acquiring Foster Farms

Tyson Foods has made no bones about its desire to grow through acquisition when it makes sense from a financial and operations standpoint.

The Springdale-based meat giant is still in the midst of merging with Keystone Foods, a $2.16 billion deal that closed in November. CNBC is now reporting Tyson Foods has been in talks to acquire California-based Foster Farms.

Tyson Foods does not comment on rumors, but the company did recently pull out of the CAGNY Investor Conference scheduled Feb. 18-22 in Boca Raton, Fla., which caused speculation the company was in the midst of merger talks.   MORE

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