Tyson offers to buy Hillshire in $6.8 billion deal
Tyson said it would offer $50 per share, representing a premium of about 11 percent to Hillshire's closing on Wednesday.
The offer comes two days after Pilgrim's Pride Corp offered to buy Hillshire in an all-cash deal valued at $6.4 billion to expand its protein footprint with Hillshire's sausages and lunch meats.
(Reporting by Devika Krishna Kumar in Bangalore; Editing by Saumyadeb Chakrabarty)