Michael Foods Inc. has received binding acquisition offers from Tyson Foods Inc. (TSN) and Post Holdings Inc. (POST) and is in advanced talks with those companies, Reuters reported Friday, citing people familiar with the matter.

Michael Foods, which provides egg, dairy and potato products, is in negotiations for a sale worth close to $2.5 billion, according to the report.

Full story at http://www.reuters.com/article/2014/04/11/us-michaelfoods-deals-idUSBREA3A1PB20140411

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