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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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Inside New Holland's NEW Roll-Belt 561 Baler

Video: Inside New Holland's NEW Roll-Belt 561 Baler


Join Alex Berwager, livestock and dairy business manager for New Holland North America, for a detailed overview of the 2026 New Holland Roll-Belt 561 Specialty Crop Plus Baler. Key Features — Enhanced Capacity: Optional dual-roller wind guard (8.4" front / 6" rear) maintains consistent crop flow into the bale chamber. — Integrated Technology: Active Weigh Bale Scales with built-in gyro provide accurate, real-time bale weights that adjust for slope. — IntelliView 4 Plus Display: Consolidates bale weight, moisture data, and operational controls while sending key metrics to the FieldOps cloud platform. — Durable Construction: New 7 mm thick forming rolls and a one-piece tube design improve reliability and maintain New Holland’s tight-core, square-shoulder bale standards.