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Smithfield Investor Says Breakup Can Achieve $40 a Share

Smithfield Foods Inc. (SFD) investor Continental Grain Co. said its proposal to split up the world’s largest hog producer would achieve a stock price of $40 within three years.

Continental commented today in a filing.

To contact the reporter on this story: Shruti Date Singh in Chicago at ssingh28@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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