Wednesday, April 26, 2017

Tyson is buying AdvancePierre

Tyson Foods Inc. has signed a $4.2-billion deal to buy AdvancePierre Foods Holdings Inc., maker of sandwiches, sandwich ingredients and snacks.

Both companies say the deal will help them.

Tyson said it expands its market reach.

Advance-Pierre said it gains by being able to use Tyson’s nation-wide distribution system.