Weil Gotshal Reps Keystone In $1.3B Sale To Marfrig

Law360, New York (June 15, 2010, 6:04 PM EDT) -- Brazil's Marfrig Alimentos SA has announced an agreement to purchase Keystone Foods LLC, the largest privately held meat products company in the U.S., for $1.26 billion.

Marfrig informed its shareholders Monday that it had executed a membership interest purchase agreement to acquire 100 percent of Keystone Foods' assets.

Keystone Foods, which claims to be the first company to sell boneless chicken nuggets, is a supplier to major restaurant chains and packaged food brands including McDonald‘s Corp., Campbell Soup Co., Subway, ConAgra, Yum Brands and Chipotle Mexican...
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