Farmland to sell pork unit to Smithfield

Farmland Industries, which filed for Chapter 11 in May 2002, plans to sell Farmland Foods to Smithfield Foods for $363.5 million. The deal, contingent on court approval, calls for Smithfield to continue operating all Farmland plants.

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Des Moines Register (Iowa) (tiered subscription model), The · Kansas City Star (Mo.), The · NYTimes.com

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