News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Mergers & Acquisitions / North America
on October 29, 2020

Sanderson Farms rejects takeover bid

Offer from Durational Capital Management ‘very substantially undervalues’ Sanderson Farms, poultry company says

Sanderson Farms said it received an unsolicited offer to be acquired by Durational Capital Management for a price of $142 per share -- an offer that it declined.

Sanderson Farms issued a statement on the matter, following speculation that Durational Capital and Tyson Foods had together made an offer to…

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