Sanderson Farms Acquired by Consortium of Cargill Inc. and Continental Grain
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 Sanderson Farms ranked 3rd as a broiler producer will be acquired by a consortium of Cargill Inc. and Continental Grain for $4.53 billion in cash equivalent to $203 per share. It is intended to combine the Sanderson Farms operations with Wayne Farms. This entity will have a projected throughput in the vicinity of 23 million chickens per week. Given that the combined companies will represent only 16 percent of U.S. production, antitrust opposition is not anticipated. On completion of the transaction, Sanderson Farms will revert to the status of a private company with Clint Rivers as the CEO. (see article below)
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