Seeking Alpha
2021-08-08 22:53:14

Sanderson Farms is said near $4.5B sale to Cargill, Continental Grain

Sanderson Farms (NASDAQ:SAFM) is said close to a deal to sell itself to Cargill and Continental Grain for about $4.5B. The deal, which could be announced as soon as tomorrow, is expected to value Sanderson Farms (SAFM) at $203/share, according to a WSJ report. The price represents a 30% premium to June 18, before the WSJ originally reported that the poultry company was considering a sale. Developing story ...

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