Smithfield Bosses to Pocket $85.4 Million From Chinese Takeover

Smithfield Bosses to Pocket $85.4 Million From Chinese Takeover

Daniel Acker/Bloomberg

Buying Smithfield Foods Inc. would give closely held Shuanghui International Holdings Ltd. control of a company that owns 460 farms and the Smithfield, Farmland and Eckrich packaged-meat brands.