As part of strategic efforts to reduce the production of fresh, commodity chicken, Tyson Foods Inc. plans to sell its poultry plants in Ashland and Gadsden, Ala., to Koch Foods Incorporated.
Avery Dennison Corporation will acquire all outstanding shares of Paxar Corporation for $30.50 per share in a cash transaction valued at approximately $1.34 billion.
The Pepsi Bottling Group Inc. (PBG) completes its acquisition of the distribution and bottling rights for select Cadbury Schweppes brands in Northern California from Nor-Cal Beverage Company Inc.
