Davis Polk is advising Tyson Foods, Inc. on its approximately $4.2 billion acquisition of AdvancePierre Foods Holdings, Inc. The transaction, which is expected to close in the third quarter of 2017, will be subject to customary conditions, including the tender of a majority of the outstanding AdvancePierre shares pursuant to the offer and receipt of required regulatory approvals.

Tyson Foods, Inc., with headquarters in Springdale, Arkansas, is one of the world’s largest food companies with brands such as Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair. AdvancePierre Foods, headquartered in Cincinnati, Ohio, is a national producer and distributor of value-added, convenient, ready-to-eat lunch and dinner sandwiches, sandwich components and other entrées and snacks.

The corporate team includes partners George R. Bason Jr. and Marc O. Williams and associates Evan Rosen and Sarah M. Weissman. Partner Howard Shelanski and Michael N. Sohn are providing antitrust and competition advice. Partner Neil Barr is providing tax advice. Partner Edmond T. FitzGerald is providing executive compensation advice. Partner Joseph P. Hadley is providing credit advice. Partners Richard D. Truesdell Jr. and Derek Dostal are providing capital markets advice. Members of the Davis Polk team are based in the New York and Washington DC offices.