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Starboard Value Tells Smithfield Foods to Ditch China Bid and Break Up For More Value
Monday, June 17, 2013 - 3:35pm | 386Read More...Noted activist investor Starboard Value wrote a letter to the board of Smithfield Foods (NYSE: SFD) urging the company to ditch its previously agreed takeover from Chinese company Shuanghui International and to break the company up into three separate entities. Starboard sees the move generating...
