TYSON COMPLETES HUDSON BUY, WILL RETIRE ACQUISITION'S NAME
WASHINGTON (FNS) -- Now that Tyson Foods, Springdale, Ark., has completed its acquisition of Hudson Foods, one of the first orders of business will be to retire the Hudson name.nts were found contaminated with the potentially illness-causing E. coli O157:H7 bacteria. A U.S. Department of Agriculture investigation found several food-safety irregularities at the plant.A Tyson announcement said its decision
January 19, 1998
WASHINGTON (FNS) -- Now that Tyson Foods, Springdale, Ark., has completed its acquisition of Hudson Foods, one of the first orders of business will be to retire the Hudson name.
nts were found contaminated with the potentially illness-causing E. coli O157:H7 bacteria. A U.S. Department of Agriculture investigation found several food-safety irregularities at the plant.
A Tyson announcement said its decision to phase out the Hudson name over the coming weeks is part of the company's "master branding strategy." Tyson said it plans to continue operating all 14 Hudson processing facilities.
Tyson paid $8.40 in cash and 6/10 of a share of Tyson Foods stock for each share of Hudson common stock.
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