• Apr. 4, 2012, 1:37 PM

    Zhongpin (HOGS -2.7%) falls to $10.65 after investor Phillip Meeks sues to stop chairman/CEO Xianfu Zhu from taking the company private at a price of $13.50/share. Meeks calls Zhu's offer "wholly inadequate" relative to the food/meat processor's intrinsic value.

    Apr. 4, 2012, 1:37 PM | 2 Comments
  • Mar. 27, 2012, 11:00 AM

    Chinese meat/food processor Zhongpin (HOGS +29.2%) soars to $11.90 after its chairman/CEO offers to take the company private a price of $13.50/share. The offer represents the latest attempt by one or more insiders at a Chinese firm with U.S. ADRs to buy back part or all of their company (I, II), after seeing U.S. investors worried about the company's accounting grant it a low valuation.

    Mar. 27, 2012, 11:00 AM