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Tyson Foods shares fall after stock, debt offering

04-Sep-2008
Story Timeline:  91 days

CHICAGO (Reuters) - Shares of U.S. meat producer Tyson Foods Inc fell 7.7 percent to a 2-1/2-month low on Thursday after the company said it will sell stock and issue debt, a move analysts said highlights the difficulties that meat companies are having paying their bills. Tyson said it will sell 20 million shares of common stock and issue $450 million in notes to pay debts and for such things as acquisitions,... [read full story]                    

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Latest article on this story:

Tyson Foods Credit Hits Junk Status

nwaonline.net 06-Sep-2008
First article on this story:

Tyson Foods (TSN) To Offer 20M Shares, $450M In Conv Notes; Founder To Buy 3M Shares

streetinsider.com 04-Sep-2008
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