Source Match Finance News
Tyson Foods Inc said it will discontinue operations at three of its factories which make processed meat products such as sausages and hot dogs, affecting about 950 people. The largest U.S. meat processor, which won the bidding war for Hillshire Brands Co in June, said the closures were not related to the acquisition. "The decision to close these plants was underway long before the (Hillshire) discussions began", Tyson spokesman Gary Mickelson told Reuters. Tyson outbid Pilgrim's Pride Corp with its $63 per share offer for Hillshire, valuing the Jimmy Dean sausages maker at $8.55 billion.
Russian opposition leader Sergei Udaltsov began a hunger strike on Friday, a day after being sentenced to four-and-a-half years in prison for inciting public unrest. "Today is the first day of the indefinite hunger strike declared by Udaltsov. Udaltsov, a leftist opposition leader, and his co-defendant Leonid Razvozzhayev were convicted on Thursday of fomenting mass riots ahead of President Vladimir Putin's inauguration to a third term in 2012. Udaltsov wrote a letter to the head of the prison in Moscow informing him that was going on hunger strike, said prison service spokesman Sergei Tsygankov.