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Hog Outlook: Shanghui Acquisition Needs Shareholder, Regulatory Approval

2013-06-03 02:00:00| ThePigSite - Industry News

US - Smithfield Foods, the nation's and world's largest hog producer and pork processor has agreed to be acquired by Shuanghui International Holdings Ltd, a Hong Kong company, for $34 per share, a premium of 31 per cent over the pre-announcement stock price, write Ron Plain and Scott Brown.

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