OTHER NEWS - Feb. 7, 1994
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From Times Staff and Wire Reports
Poultry Company Rejects Buyout Offer: The board of directors of turkey and chicken processor WLR Foods Inc. has rejected an unsolicited $329-million takeover offer from Tyson Foods Inc., the nation’s biggest poultry, fish and meat processor. Tyson offered $30 per share for WLR Foods on Jan. 24. The bid sent WLR’s stock up nearly 50%, but the Broadway, Va.-based company said at the time it was not for sale.
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