Smithfield Foods Shareholders to Vote on Chinese Takeover

Smithfield Foods Shareholders to Vote on Chinese Takeover

By Amanda Brodhagen, Farms.com

Smithfield Foods investors will vote Tuesday on the company’s sale to a Chinese company – Shuanghui International Holdings Ltd.

The pending $7.1 billion purchase would offer $34 per-share for Smithfield shareholders. If approved by investors, the transaction will take effect on Thursday. If the deal is approved, it would be the largest acquisition of a U.S. business by a Chinese company.

If shareholders approve the takeover, Smithfield will become a private company, which will mean less public disclosure on certain items such as audited financial statements. The company will still have to submit tax returns and federal government regulations.  Analysts say that they think the transaction will go.
 

Video: Case IH Farmall Super 120M Explained — Power, Comfort & Capability

Case IH brings back an icon with the Farmall Super 120M, a premium utility tractor that blends classic Farmall heritage with modern performance and technology.

In this video, Brian Williams, Livestock Product Specialist for Case IH, walks through the standout features that make the Super 120M a powerful and versatile option for livestock operations, loader work, and daily farm tasks.

Key Features of the Farmall Super 120M:

— ActiveDrive 16x16 transmission

— 3.6L diesel engine

— And more!

Available in 110 and 120 Super M horsepower, this tractor represents the top tier of the Farmall lineup—combining durability, comfort, and performance with nearly a century of Farmall legacy dating back to 1923.