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Smithfield Shareholders Approve $7.1 B Deal

Smithfield Shareholders Approve $7.1 B Deal

By Amanda Brodhagen, Farms.com

Smithfield Foods Inc. shareholders voted Tuesday to approve a $4.7 billion deal, to China’s Shuanghui International Holdings Ltd. Shareholders accepted the $34 per share offer.

More than 96 percent of the votes were in favor of the purchase. This will mark the largest takeover of a U.S. company by a Chinese business.

The deal has already been approved by U.S. government. The transaction is expected to go through later this week.
 


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Dream Projects Made Real | BX Summer Contest Winner Stories

Video: Dream Projects Made Real | BX Summer Contest Winner Stories



Three women. Three properties. Three summers that changed everything.

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Akesh transformed her 9.8-acre property in just 3 months — clearing a historic barn, building a cottage garden, and growing vegetable beds for her family. Kathleen rebuilt her yard from the ground up after the 2023 wildfires devastated her property — creating a space where her children could play and grow again. Teresa reclaimed her family's 97-acre Ontario farm — moving topsoil, restoring fields, and honouring her mother's memory one season at a time.

Three dream projects. Three stories of vision, resilience, and hard work. One unforgettable summer with a Kubota BX.

"The BX made everything happen so quick." — Akesh "I feel like I can make a huge difference." — Kathleen "It's a dream come true. The answer to my prayers." — Teresa