date:Apr 03, 2013
s of many of Smithfield's large customers, according to the filing. Separation of the hog production and fresh pork segments would generate significant costs from balance sheet breakage, plant separation and business interruption.
In the near-term, giving up the Fresh Pork segment would hurt retailer relationships across categories and negatively impact export business, the company argued. Additionally, a split could create more competition in fresh pork and packaged meat.
Major customers ha