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Chinese Company Merges with Smithfield Foods

Posted By Janna On June 4, 2013 @ 1:40 pm In Headline News | No Comments

Local Murphy-Brown Farm employees informed that few immediate changes are anticipated

Smithfield Foods, Inc., and Shuanghui International Holdings Limited entered into a definitive merger agreement that values Smithfield at approximately $7.1 billion, including the assumption of Smithfield’s net debt.

The announcement is of particular interest to Daviess County and North Missouri since large hog confinement operations, introduced here by Continental Grain Company and later continued by Premium Standard Farms and

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