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Prospect News home > News index > List of issuers S > Headlines for Sanderson Farms, Inc. > News item
Published on 1/8/2009 in the Prospect News Special Situations Daily.

SAC Capital Advisors cuts stake to less than 5% in Sanderson Farms

By E. Janene Geiss

Philadelphia, Jan. 8 - SAC Capital Advisors, LLC decreased its investment to less than 5% in Sanderson Farms, Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.

Those holdings are down from the passive stake of 7.1%, or 1,431,143 shares, that SAC Capital reported on June 11, 2008, according to an SC 13G filing.

Sanderson Farms is a Laurel, Miss., poultry processing company.


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