IMPORTANT INFORMATION FOR DISH SUBSCRIBERS – SERVICE INTERRUPTION – CLICK HERE

Smithfield Foods sets date to vote on possible sale

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

SMITHFIELD, Va. (WTVR) --  Smithfield Foods shareholders will vote next month on whether to approve a sale of the business to a Chinese company.

The Virginian-Pilot reports the vote will happen Sept. 24 at a meeting in Richmond.

At $7.1 billion,  this could become the largest take over of a U.S. company by a Chinese firm.

The federal committee on foreign investment must also approve the deal.

RELATED:

 

 

Follow

Get every new post delivered to your Inbox.

Join 5,754 other followers