Meat Industry INSIGHTS Newsletter

970711 Tyson Foods Announces Agreement to Acquire Mallard's Food

July 12, 1997 -- Tyson Foods Inc said it has signed a definitive agreement to acquire Mallard's Food Products Inc, of Modesto, Calif.

Terms of the agreement were not disclosed. Tyson said the acquisition is expected to close within 30 days, subject to regulatory approval.

Tyson, the world's largest producer of chicken and poultry-based food products, said Mallard's has annual sales of about $40 million.

Mallard's makes Cooking Made Easy products, which are refrigerated, fully-cooked entrees designed for home preparation in less than 10 minutes.

It also products refrigerated goiurmet pasta and sauce products.

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