date:Apr 03, 2013
in packaged meats and value-added products.
The filing came in response to a shareholder's request to split the company. Continental Grain Co., which owns 6 percent of Smithfield's shares, sent a letter to the company and the SEC urging Smithfield to split into three independent companies in order raise shareholder value.
It's time for Smithfield to get serious about creating shareholder value, the letter stated. This is an exciting time in the world of food and agribusiness. There are many