Tyson Foods Inc. agreed Tuesday to acquire sandwich maker AdvancePierre Foods Holdings Inc. in a $4.2 billion deal that will broaden the giant meat processor’s range of prepared foods. The all-cash deal would expand Tyson’s reach in sandwiches to include cheesesteaks, peanut butter and jelly, and other offerings that AdvancePierre markets to restaurant chains, school districts and grocery stores. The deal expands on Tyson’s...

Source: Wall Street Journal April 25, 2017 12:22 UTC