Morning Rush

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Will Americas Biggest Bacon Company Be Purchased by Chinese Company?

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Will Americas Biggest Bacon Company Be Purchased by Chinese Company?
AIRED:
HLN reports you better hoard your bacon, America’s biggest bacon company, Smithfield, may be bought out by Shuanghui International Holdings Ltd. The U.S. government is expected to give the green light and approve the deal for the Chinese company, which is responding to its country’s growing demand for pork products. One shareholder, Starboard, hopes to stop the buyout and bid more per share than the international company.moreless
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