Lawsuit Between Tyson Foods and Former Keystone Owner Heads to Arbitration

A lawsuit between Tyson Foods the former owner of Keystone Foods over the acquisition of Keystone Foods will now be heard in arbitration, according to a federal judge’s ruling on Wednesday, (Sept. 30).

Tyson Foods acquired certain assets of Keystone Foods for $2.16 billion from Marfrig Global in November 2018.  Within a few months, Keystone, now known as Beef Holdings, sued Tyson Foods in April 2019 claiming the actual purchase price was slashed from $2.5 billion, calling it a breach of contract.

https://talkbusiness.net/2020/10/lawsuit-between-tyson-foods-and-former-keystone-owner-heads-to-arbitration/

Lawsuit between Tyson Foods and former Keystone owner heads to arbitration - Talk Business & Politics

A lawsuit between Tyson Foods the former owner of Keystone Foods over the acquisition of Keystone Foods will now be heard in arbitration, according to a federal judge's ruling on Wednesday, (Sept. 30). Tyson Foods acquired certain assets of Keystone Foods for $2.16 billion from Marfrig Global in November 2018.