Food Industry
Industry: Email Alert RSS FeedTyson names two IBP directors to board
Nation's Restaurant News, July 16, 2001
SPRINGDALE, ARK. -- As part of its merger agreement with IBP Inc., Tyson Foods Inc., based here, will put two of IBPs directors on its board. Bob Peterson, chairman and chief executive of the Dakota Dunes, S.D.-based beef and pork producer, and Dick Bond, IBP's president and chief operating officer, will join Tyson's board after the merger is completed.
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The two companies agreed to merge in a deal valued at about $2.7 billion.
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