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Weil Advises Morgan Stanley and J.P. Morgan on Committed Bridge Financing for Tyson Foods

Tyson Foods submits unilaterally binding offer to acquire Hillshire Brands for $8.55 billion
A Weil team, led by New York partners Morgan Bale and Matthew Bloch, advised Morgan Stanley and J.P. Morgan in connection with providing committed bridge financing backing Tyson Foods’ unilaterally binding offer to acquire Hillshire Brands, a leader in branded, convenient foods, for $8.55 billion. The offer is subject to Hillshire Brands being released from its existing agreement to acquire Pinnacle Foods Inc.

If completed, the acquisition will accelerate Tyson Foods’ expansion into prepared foods and create a company with market positions in chicken, breakfast meats, hot dogs and other categories. Hillshire Brands’ portfolio includes brands such as Jimmy Dean, Ball Park, Hillshire Farm and Sara Lee frozen bakery.

The Weil team advising Morgan Stanley and J.P. Morgan was led by Banking & Finance partner Morgan Bale and Capital Markets partner Matthew Bloch, and included M&A partner Raymond Gietz; Banking & Finance associates Peter Puk and Justin C. Lee; Capital Markets associate Michael Esposito; and M&A associate Frank Martire (all in New York).

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