Smithfield Shareholders Approve $7.1 B Deal

Smithfield Shareholders Approve $7.1 B Deal

By Amanda Brodhagen, Farms.com

Smithfield Foods Inc. shareholders voted Tuesday to approve a $4.7 billion deal, to China’s Shuanghui International Holdings Ltd. Shareholders accepted the $34 per share offer.

More than 96 percent of the votes were in favor of the purchase. This will mark the largest takeover of a U.S. company by a Chinese business.

The deal has already been approved by U.S. government. The transaction is expected to go through later this week.
 

Video: Demco Liquid Tender Trailer Evolution — Mixing, Plumbing & Automated Tender Solutions

Take a deep dive into the evolution of the Demco Liquid Tender Trailer—one of the most popular tender systems in agriculture over the past six years.

In this video, Benji Van Green, Director of Sales at Demco, walks through how customer feedback has shaped the trailer into a complete, high-efficiency chemical handling and mixing platform for modern spraying operations.

Key Features:

— NEW Automated Dura Mixing System

— High-capacity tank system

— Advanced tender options

— And more!

Designed to function like a grain cart for sprayers, the Demco Liquid Tender Trailer keeps self-propelled sprayers moving, reduces downtime, and improves efficiency across multiple spray passes each season.