Hillshire Brands Confirms Receipt of Unilateral Offer from Tyson Foods Offering $63.00 Per Share in Cash

CHICAGO--(BUSINESS WIRE)--The Hillshire Brands Company (NYSE: HSH) today confirmed that it has received a unilateral binding offer from Tyson Foods, Inc. (NYSE: TSN) to acquire all of the outstanding common shares of Hillshire Brands for $63.00 per share in cash. The Tyson Foods offer by its terms remains in place until the earlier of the termination of the Hillshire Brands/Pinnacle merger agreement or December 12, 2014.