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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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Massey Ferguson RB.4160V - Silage Baler

Video: Massey Ferguson RB.4160V - Silage Baler


Massey Ferguson's RB.4160V baler is designed specifically to handle heavy high-moisture crops.

Options include extra cut, which reduces the length of cut for better silage fermentation.

It also has a hydraulic drop floor so you can slow down the ground speed and allow that high moisture, high-yielding crop to continue to flow into that baler without plugging it up.