Pinnacle Foods Inc. (PF) announced Monday morning that it agreed to be acquired by Hillshire Brands (HSH) in a cash and stock transaction valued at approximately $6.6 billion.
Pinnacle Foods gapped open sharply higher Monday, but traded in a range for the majority of the session. The stock finished with a gain of 4.02 at $34.47 on the highest volume of the year. Pinnacle Foods leaped to a new high for the year.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.