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Chicken giant Tyson Foods buys a stake in vegan start-up Beyond Meat

Chicken giant Tyson Foods buys a stake in vegan start-up Beyond Meat

Beyond Meat sells plant protein that “looks, feels, tastes and acts like chicken without the cluck,” as the product packaging for its faux poultry reads. That was good enough for poultry giant Tyson Foods Inc., which acquired a 5% stake in the El Segundo-based vegan start-up Monday.

For Beyond Meat, whose products are in 7,500 stores nationwide, the fresh capital would boost product development and distribution while still leaving it an independent, privately held company, according to the company’s founder and chief executive, Ethan Brown.

“I’m pleased to welcome Tyson as an investor and look forward...

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