Reuters: Starboard Lines Up Rival Buyers for Smithfield Foods

(Reuters) – Activist hedge fund Starboard Value LP said it is working with investors interested in paying “substantially” more for Smithfield Foods Inc (SFD.N: Quote,Profile, Research, Stock Buzz) than the price China’s Shuanghui International Holdings Ltd had agreed to.

Starboard, a New York-based fund that holds a 5.7

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