MCD McDonalds Corp

--Impossible Foods is no longer seeking a deal with McDonald's Corp. (MCD), Reuters reported Tuesday.

--Beyond Meat Inc. (BYND) shares rose 12.5% to $83.89 during the regular session, declining 2.3% to $81.94 after hours.

--Impossible Foods Chief Executive Pat Brown told Reuters that "having more big customers right now doesn't do us any good until we scale up production." The company's existing fast-food products include the Impossible Whopper at Restaurant Brands International Inc.'s (QSR) Burger King.

Full story: https://www.reuters.com/article/us-impossible-foods-mcdonald-s-corp-excl/exclusive-impossible-foods-abandons-pursuit-of-mcdonalds-burger-deal-idUSKBN1Z62GJ

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

January 07, 2020 17:44 ET (22:44 GMT)

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