Pharos-Tribune

Business

June 1, 2014

Business news in brief, June 1

MCF schedulesjob fair for Tuesday

BUNKER HILL — Miami Correctional Facility is planning its own job fair from 2 to 7 p.m. Tuesday at the facility.

Corrections staff will be at the event to answer questions about the jobs available and applicants may begin the online application process during the event. The fair will focus on corrections recruiting but applications will also be accepted for other available positions.

For more information or to apply for open positions, visit www.in.careers.IN.gov.

Miami Correctional Facility, a facility run by the Indiana Department of Correction, is located at 3038 W. Miami County Road 850 South, Bunker Hill. Corrections staff can be reached at 765-689-8920.

Chamber hosting ambassador call-out

DELPHI — The Carroll County Chamber of Commerce will host an Ambassador Call-Out luncheon from noon to 1 p.m. June 11. Further details will be announced later.

Farm Credit donates $4K to Cass fairgrounds

Farm Credit Mid-America, an agricultural lending cooperative serving farmers, rural residents and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee, donated $4,000 to the effort to remodel the outside restroom facilities at the Cass County Fairgrounds.

The renovation will include upgrades such as new paint, toilets, hand dryers and partitions with doors. The restroom facility is the main facility for all visitors to the fairgrounds to use.

The fairgrounds host a variety of events throughout the year, including the Cass County Fair.

Farm Credit Mid-America serves nearly 100,000 customer-members and manages $20 billion in assets. More information is available by calling 1-800-444-FARM or visiting www.e-farmcredit.com.

Tyson proposesto buy Hillshire

SPRINGDALE, Ark. — Tyson Foods Inc. proposes to acquire The Hillshire Brands Company for $50 per share in cash, a Tyson press release indicated.

Tyson’s proposed price represents a 35 percent premium to the unaffected closing price per share of the company’s common stock on May 9, the day prior to the announcement of Hillshire’s proposed agreement to acquire Pinnacle Foods Inc. At a total value of $6.8 billion, the Tyson proposal represents a multiple of 13.4 times Hillshire’s trailing last 12 months’ adjusted earnings before interest, taxes, depreciation and amortization.

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