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Smithfield Foods (SFD +0.3%) made an interesting disclosure yesterday in a SEC filing. The...

Smithfield Foods (SFD +0.3%) made an interesting disclosure yesterday in a SEC filing. The company was considering a "potentially significant acquisition" of a large business in the packaged meats sector. The speculation from dealReporter is that it was Hillshire Brands (HSH +1.5%) in the crossfires, an acquisition which makes sense and could be on the table again if regulators stop the Shuanghui International purchase of Smithfield.
Comments (1)
  • bearishly
    , contributor
    Comments (13) | Send Message
     
    Could also be Oscar Mayer from KRFT, not sure if that's up for sale though.
    19 Jun 2013, 12:53 PM Reply Like
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