Ibp Inc – ‘SC 14D1/A’ on 5/2/97 re: Foodbrands America Inc – EX-99.(A)(9)

As of:  Friday, 5/2/97   ·   Accession #:  950131-97-3034   ·   File #s:  5-50709 (SC 14D1), 5-50709   ·   Correction:  This Filing was Corrected by the SEC on 5/5/97. ®

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Amendment to Tender-Offer Statement — Third-Party Tender Offer   —   Schedule 14D-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 14D1     Tender-Offer Statement -- Third-Party Tender Offer     7     28K 
 2: EX-99.(A)(9)  News Release                                         1      6K 

EX-99.(A)(9)   —   News Release

EX-99.(A)(9)
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                                                                  Exhibit (a)(9)

ibp(R) News Release                                                             

IBP ANNOUNCES COMPLETION OF 
FOODBRANDS TENDER OFFER 

    Dakota City, Nebraska -- April 29, 1997 -- IBP, inc. (NYSE: IBP) announced
today that it has successfully completed its cash tender offer to acquire the   
outstanding shares of common stock of Foodbrands America, Inc. (NYSE: FDB) at a 
purchase price of $23.40.                                                       

     Approximately 11,577,000 shares of the 12,465,017 of issued and outstanding
shares of common stock of Foodbrands (or approximately 93%) were validly        
tendered. All such shares were accepted for payment by IBP following completion 
of the tender offer on April 28. 35,000 shares were represented by brokers'     
notices of guaranteed delivery.                                                 

     Any Foodbrands shares not purchased in the tender offer will be acquired by
IBP for $23.40 per share when the merger is completed.                          

####  

Contacts: John Borgh, IBP Vice President & Treasurer                  
402-241-255                                       
Gary Mickelson, IBP Public Affairs Department     
402-241-2986                                      

IBP, inc. PUBLIC AFFAIRS DEPARTMENT DAKOTA CITY, NEBRASKA 68731 TELEPHONE:      
402-241-2944                                                                    

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 14D1/A’ Filing		Date		Other Filings
Corrected on:		5/5/97		8-K
Filed on:		5/2/97		S-8
		4/29/97
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