Tyson to buy IBP to form leading meat group
Tyson Foods will acquire IBP Inc in a $3.2 billion cash and stock deal, aiming to create the nation’s top poultry, beef and pork producer. The agreement, reached over the weekend and approved by IBP’s special committee, includes $1.5 billion in debt and awaits regulatory and shareholder approvals with final completion expected in Q1.
MENTIONED IN THIS ARTICLE
Tyson Foods Inc
IBP Inc
Tyson
IBP
Robert L. Peterson
Tyson Foods
John Lea
Uncommon Workplace Perks Boost Employee Use
A study by Oxford Health Plans shows 29 percent of U.S. companies offer healthy meals with 84 percent utilization. Thirteen percent provide meditation rooms used by 55 percent, and 18 percent offer health club memberships with 72 percent uptake. Markets closed for New Year. reopen today.
MENTIONED IN THIS ARTICLE
U.S
Alan Muney
Oxford
Premarital agreements grow in use amid rising divorces
Elizabeth Burke’s remarriage ended in a bitter split over assets and funds. Experts say prenuptial contracts suit those with assets, business ownership, or children from prior marriages, and should involve lawyers, full disclosure, and even video of signing.
MENTIONED IN THIS ARTICLE
Elizabeth Burke
Burke
Timothy Tippins
New York
Awyers
Parents Put Off College Savings Amid Higher Incomes
The Mercury Funds survey shows 73.7 percent of high net worth families say saving for college would require lifestyle sacrifices. Many consider Education IRA undervalued while recommending 529 plans and automatic mutual fund investments to steadily shift money from bank accounts to investments.
MENTIONED IN THIS ARTICLE
William Anthes
Bruce Most
Denver
Violet Woodhouse
California
Nolo Press
Mercury Funds
Pamela Christensen
Financial Adviser
Ground Zero
Christensen
Bond guidance titles for new investors overview
When stocks wobble bonds attract attention as safer choices. This excerpt lists four titles to help readers understand bond types, yields, and portfolio use. It mentions Bond Market Rules, Beating the Dow With Bonds, Getting Started in Bonds, and How the Bond Market Works as potential resources.
MENTIONED IN THIS ARTICLE
Western Union
Charles H. Duell
U.S. Commissioner of Patents
H.M. Warner
Warner Brothers
The
New York Times
Thomas Watson
IBM
Bill Gates
Michael Sheimo
Michael B. O’hig
Gins
Sharon Saltzgiver Wright
Robert Zipf
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Olivia Mellan
Washington
Sacramento Bee
Knight Ridder Newsee