Smithfield Foods (SFD) is close to selling itself to China's Shineway, according to a WSJ...

|About: Smithfield Foods Inc. (SFD)|By:, SA News Editor

Smithfield Foods (SFD) is close to selling itself to China's Shineway, according to a WSJ report. A deal would land in the $4.5B to $5B range to mark a 25% to 30% premium over Smithfield's closing yesterday. SFD +23.2% premarket to $31.99.