Hillshire Brands to pay $163M breakup fee in Pinnacle Foods deal, WSJ says Hillshire Brands (HSH) has agreed to pay a $163M breakup fee to Pinnacle Foods (PF) if it fails to follow through on the planned $4.3B deal, the Wall Street Journal reports. Pinnacle will pay $141M if it accepts a better offer. Reference Link
Pinnacle Foods sees FY15 adjusted EPS $1.86-$1.91, consensus $1.91 Sees FY15 input cost inflation estimated at 3%-3.5%; Sees FY15 productivity estimated at range of 3%-4%. Sees FY15 effective tax rate of 38%.