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Starboard Value, the activist hedge fund that owns a 5.7% stake in Smithfield Foods (SFD),...

Starboard Value, the activist hedge fund that owns a 5.7% stake in Smithfield Foods (SFD), reportedly is hiring advisers to help press its case for a different deal than one already arranged with China's Shuanghui. SFD has agreed to be bought by Shuanghui for $34/share, or $4.7B, in what would be the biggest Chinese takeover of a U.S. company.
Comments (1)
  • User 8577161
    , contributor
    Comment (1) | Send Message
     
    Hopefully Lawmaker would approved this.
    15 Jul 2013, 01:49 AM Reply Like
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