OK, I have a question. If a meat-industry company is not in a hostile takeover situation, what happens if the U.S. Department of Justice blocks its chance to be acquired by another company? This occurred to me after reading the latest press release concerning R-Calf USA’s ongoing charge that granting the proposed acquisitions of National Beef Packing Co., Smithfield Beef Group and Five Rivers Ranch Cattle Feeding LLC to Brazilian-owned JBS S.A. would devastate the U.S. live cattle industry. Is the answer that these companies seeking to be acquired would have to take themselves off the block and find another way to address their operating challenges?
Somebody out there must have the answer.
Help me out here.
Just don’t leave me hanging.
Thanks in advance.
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