Wayne Farms Completes Divestiture of Laurel Poultry Production Complex to Amick Farms

October 27, 2021 Wayne Farms

The divestiture is a key milestone towards completing the previously announced transaction which will combine Wayne Farms and Sanderson Farms, Inc. (NASDAQ: SAFM) under the joint ownership and control of Cargill and Continental Grain.

Sanderson Farms Stockholders Approve Combination with Cargill and Continental Grain Company

October 27, 2021 Sanderson Farms

Sanderson Farms, Inc. announced that at a special meeting of stockholders, its stockholders approved the previously announced agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. Upon completion of the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business.

Senator Calls For Close Look At Deal That Would Feed Cargill’s Wichita Operations

A multi-billion acquisition that would help propel Cargill Inc.’s North American protein business headquartered in Wichita is drawing a watchful eye from Republican Sen. Chuck Grassley of Iowa. 

Tyson Scrambles to Regain Chicken Profit as New Competitor Looms

August 16, 2021 Michael Hirtzer, Yahoo

Tyson Foods Inc., the top poultry producer in the U.S., is racing to get its chicken unit back on track as a new, formidable competitor emerges.

Cargill and Continental Grain Company to Acquire Sanderson Farms for $203 per Share in Cash and Create a Leading U.S. Poultry Company

August 9, 2021 Cargill

 Cargill, Continental Grain Company, and Sanderson Farms, Inc. (NASDAQ: SAFM) announced today they have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion. T