Archive Search

text2join

It Begins And Ends With You
— by Lee Pitts

The on-again, off-again marriage of IBP and Tyson turned into a shotgun wedding. When a Delaware judge ruled that Tyson Foods improperly backed out of its deal to buy IBP and must either complete the deal to buy IBP for nearly $5 billion or pay a lump sum settlement to walk away, Tyson figured as long as they have to cough up the cash they might as well consummate the marriage and get something in return. Even though the bride looks a lot less attractive now than when the two started their mating dance.

Read more...