Tyson Foods Agrees to Sell Four Cold Storage Warehouses for $247M

Tyson Foods Agrees to Sell Four Cold Storage Warehouses for $247M

Tyson Foods Inc. of Springdale (NYSE: TSN) has agreed to sell four cold storage warehouses and other related assets to Lineage Inc. of Novi, Michigan, in a $247 million transaction. Publicly traded Lineage (Nasdaq: LINE), a cold storage warehouse company that operates as a real estate investment trust, said in a news release that it will onboard about 1,000 Tyson employees as part of the deal. The facilities in Pottsville, Pennsylvania; Olathe, …