WASHINGTON, D.C. (Reuters) — Tyson Foods Inc., the largest U.S. meat processor, won U.S. antitrust approval for its purchase of Hillshire Brands Co., the justice department said last week.
The companies agreed to sell Heinold Hog Markets, which purchases sows that are sold to sausage makers, to win approval for the $8.5 billion US deal, the department said.
“Today’s proposed settlement will help ensure that hog breeders in the United States will continue to receive the benefits of vigorous competition when selling sows,” said Bill Baer, assistant attorney general for the antitrust division.
The deal was announced in June.
