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General Mills buys Tyson Foods pet treats for 1.2 billion
General Mills announces a 1.2 billion cash acquisition of Tyson Foods' animal treat business as it expands its pet food push. The deal follows its 2018 Blue Buffalo purchase and strong pet market growth, with recent quarterly sales rising and profits improving as pet adoptions surged during the pandemic.
MENTIONED IN THIS ARTICLE
Silver Spring
General Mills
Tyson Foods
Cheerios
Betty Crocker
Pillsbury
U.S
American Pet Products Association
Blue Buffalo