Deals Rumor Mill: Tyson Foods, Peugeot, Starwood

Law360, New York (February 18, 2014, 12:54 PM EST) -- Meat-processing giant Tyson Foods Inc. has offered to swallow up Michael Foods Inc., a $2 billion target that would cement its top position in the poultry and protein market, Bloomberg reported on Tuesday. Michael Foods has been controlled by the private equity offshoot of Goldman Sachs Group Inc. since 2010, when it paid $1.7 billion to take over the company. The Goldman unit started sniffing out buyers for the business late last year. Michael Foods is a top distributor of eggs and other dairy products, dovetailing...
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