Cargill and Continental Grain Purchasing Sanderson Farms
Cargill and the Continental Grain Company Monday announced a joint-venture agreement to acquire Sanderson Farms, the third-largest poultry producer in the United States. The all-cash purchase totals $4.53 billion, or $203 per share, a 30.3% premium to Sanderson Farms’ share price of $155.74 on
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