Pinnacle Foods (PF) looks like a bargain, trading at 15% below the
Hillshire Brands (HSH) bid for the company, and if the Hillshire proposal is
dropped, Pinnacle will be paid a $163M termination fee, Barron's argues in a
follow up article.
Sunday, June 1, 2014
Pinnacle Foods looks like a bargain even if Hillshire terminates, Barron's says
Pinnacle Foods (PF) looks like a bargain, trading at 15% below the
Hillshire Brands (HSH) bid for the company, and if the Hillshire proposal is
dropped, Pinnacle will be paid a $163M termination fee, Barron's argues in a
follow up article.
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