|
|
News Breaks | | | | March 8, 2013 | | 06:01 EDT |  | SFD | Continental Grain sends letter to Smithfield Foods board
In a filing, Continental Grain says "On March 7, CGC sent a memorandum to Smithfield's board of directors regarding, among other things, the Issuer’s business, management, financial condition and the desirability of retaining independent advisors to explore various alternatives described in the memorandum to enhance shareholder value... We believe it is essential that the Board of Directors of Smithfield engage an independent investment banking firm that can assist the Board in evaluating and implementing the various alternatives we are proposing in this memo. We recognize that management and the Board have access to greater information than we and other shareholders possess. However, we are confident that, after giving these alternatives serious consideration, with the advice of independent professionals, you will have advanced the interests of all shareholders. We hope and expect that this analysis and independent review will have full transparency with the company’s shareholders. Analyze splitting the company into three completely independent companies." | |
|
News For SFD From The Last 14 Days Check below for free stories on SFD the last two weeks. |
|
|
| May 15, 2013 | | 10:13 EDT |  | SFD | On The Fly: Analyst Downgrade Summary
 Subscribe for More Information | | | 06:25 EDT | | SFD | Smithfield Foods downgraded to Hold from Buy at BB&T
BB&T downgraded Smithfield Foods due to valuation. | | | May 10, 2013 | | 12:11 EDT |  | SFD | U.S. red meat, poultry production seen higher than year ago
Subscribe for More Information | |
|
|
|
|
|
|
