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Continental Grain reports 8.9% stake in Smithfield Foods
By Lisa Kerner
Charlotte, N.C., Oct. 30 - Continental Grain Co. bought 112,950 shares of Smithfield Foods, Inc. between Aug. 27 and Oct. 10.
The shares were priced from $12.37 to $20.44 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.
Continental Grain beneficially owns 12,596,552 shares, or 8.9%, of the Smithfield, Va., pork processor.
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