The on/off merger talks between IBP and Tyson appeared to be very much back on last week, after Delaware's Chancery Court found that Tyson had acted improperly when it walked away from the deal at the end of March.

Following the court ruling, Tyson issued a press statement saying it had met with IBP executives and that both parties had agreed to work towards completing a merger on "financial terms identical to those previously agreed".

Share this story: