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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
