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  • 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. [View news story]
    Hopefully Lawmaker would approved this.
    Jul 15 01:49 AM | Likes Like |Link to Comment
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