Shuanghui International Purchases Smithfield Foods
Published by onMost recent updates regarding Smithfield Foods purchasing agreement
At least one shareholder says Smithfield Foods could be worth more than the $4.7 billion being offered by China’s Shuanghui company. An investment fund called Starboard Value LP which owns 5.7 percent of Smithfield says the hog producer/processor would get a lot more if it were split-up into three parts and sold separately.
