Tyson Foods endured some searing criticism last June when it acquired Hillshire Brands for what seemed like an extremely rich $8.46 billion.
A May 5 report issued by Gimme Credit analyst Dave Novosel, noted that Tyson Foods has already achieved $70 million in annual synergies from the deal.
Despite the speculation, Pep Boys had not yet hired an investment banker and there are no negotiations currently taking place.
Ascena announced the deal, expected to close in the second half of this year, even as some of its own retail apparel companies struggle.
Mediware, a software provider catering to the healthcare industry, has retained investment bank William Blair for a sale of the company.
Private equity firms are satiating their hunger for deals with investments in and out of high-growth food companies.
Despite a run-up in the price of oil and gas stocks recently, due to expectations that oil production will drop, some players in the sector remain vulnerable.
The company needs to do more.
Pepsi should look to higher-growth areas.
Fiat Chrysler can't seem to entice a buyer for itself, and its CEO Sergio Marchionne is having a difficult time convincing his industry there is a need for consolidation.