Smithfield Foods announces sale to Shuanghui International

Posted at 12:21 PM, Sep 24, 2013
and last updated 2013-09-24 12:21:40-04

Smithfield Foods announced today that shareholders approved the proposed sale of the company to Shuanghui International.

The vote was held this morning.

It's the largest sale of a US company by a Chinese buyer, officials say.

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