X
XLinkedinWhatsAppTelegramTelegram
0

Smithfield Foods Announces Filing of Definitive Proxy Statement in Conjunction With Strategic Combination With Shuanghui International

Smithfield Foods announced today that it has filed with the Securities and Exchange Commission ("SEC") and will soon mail to shareholders of record the definitive proxy materials in connection with the previously announced definitive merger agreement with Shuanghui International Holdings Limited.

26 August 2013
X
XLinkedinWhatsAppTelegramTelegram
0

SmithfieldThe special meeting of Smithfield shareholders will be held on Tuesday, September 24, 2013, at 9:00 a.m. Eastern Time. The meeting will be held at McGuireWoods LLP at One James Center, 901 East Cary Street, Richmond, Virginia. All shareholders of record of Smithfield's common stock as of the close of business on August 5, 2013, will be entitled to vote their shares at the meeting either in person or by proxy.

The Smithfield board of directors unanimously recommends that Smithfield shareholders vote "FOR" the proposal to approve the merger agreement. Under the terms of the agreement, each outstanding share of Smithfield common stock would be converted into the right to receive $34.00 in cash.

The transaction, which is expected to close in the second half of 2013, remains subject to certain conditions, including, among others, approval by Smithfield's shareholders, the receipt of approval under certain specified foreign merger clearance laws, review by the Committee on Foreign Investment in the United States (CFIUS) and other customary closing conditions.

August 20, 2013 - Smithfield

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

You are not subscribed to this list Swine News

Swine industry news in your email

Log in and sign up on the list

Related articles

You are not subscribed to this list Swine News

Swine industry news in your email

Log in and sign up on the list