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Stock Market & Financial Investment News

News Breaks
July 2, 2014
17:23 EDTTSN, HSH, PFHillshire,Tyson deal includes $261.3M termination fee
Disclosed in a regulatory filing: The Merger Agreement contains specified termination rights for both Tyson (TSN) and Hillshire (HSH). Under certain circumstances, Hillshire will pay Tyson a termination fee of $261,340,000 and will reimburse Tyson the amount of the Pinnacle (PF) Termination Fee previously paid by Tyson to Pinnacle, on behalf of Hillshire.
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