Smithfield
shareholders have approved the $7.1-billion deal to sell the company to
Shuanghui International Holdings Ltd. of China.
Shareholders
will get $34 per share, a total of $4.7 billion for the world's largest hog
producer and pork packer. The difference between $4.7 and $7.1 billion is the
Smithfield debt that Shuanghui will assume.
