NEWS
Harrington's Sort & Cull
John Harrington DTN Livestock Analyst
Fri Mar 8, 2013 05:35 PM CST

Don't you hate it when a company gets too efficient?

Such a thought probably crossed the mind of a Smithfield manager or two this week when a major stockholder publicly suggested that it might be best for everyone (or at least Wall Street brokers) if the great "Beast from the East" was financially fabricated into three separate companies.

Continental Grain Co. sent a letter to the pork company's board Thursday urging it to consider strategic changes including breaking up the company. Continental, which along with several related parties owns about 6% of Smithfield, believes that the meat giant should analyze ...

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