General Mills to acquire pet treats business of Tyson Foods for $1.2bn
General Mills has agreed to acquire the pet treats business of Tyson Foods, which includes the Nudges, True Chews brands, and Top Chews, for $1.2 billion in an all-cash deal. According to General Mills, the deal offers $225 million in estimated tax benefit, which means the effective price for the acquisition is $975 million. Jeff […]