Everyone wants a bite of the hot dog.
On Tuesday, chicken producer Pilgrim's Pride began the bidding war for Hillshire Brands with an offer equivalent to $6.4 billion. Hillshire is a brand best-known for their Jimmy Dean sausages and Ball Park hot dogs. Tyson Foods, another meatpacking distributor, relished the opportunity to beat them on Thursday with their own offering of $6.1 billion.
What I wanted to know: What are they offering in... meat? How many hot dogs and whole chickens could Tyson foods buy with that $6.1 billion?
Approx. number of Ballpark Hot Dogs:
Approx. number of Tyson Family Roaster Chickens:
Tyson's going to need to purchase another 300 million hot dogs if they want to match the Pilgrim's Pride deal.