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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 19, 2000
Page
7
Smithfield Foods argues a Smithfield-IBP merger would strengthen its balance sheet and diversify products helping 1700+ independent farms stay viable. It offers to sell Midwest plants if needed to ease concerns and compete with Conagra and Cargill while balancing shareholder value and farmer impact.
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