Thursday, June 13, 2024

Cargill and Continental Grain complete Sanderson Farms acquisition

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The new Wayne-Sanderson Farms will be based in Georgia

MINNEAPOLIS — Cargill and Continental Grain Co. on July 22 announced the completion of the previously announced acquisition of Sanderson Farms Inc. by a joint venture between Cargill and Continental Grain. The acquisition was announced on Aug. 9, 2021.

Sanderson Farms shareholders are receiving $203 per each share of common stock they owned as of immediately prior to the completion of the transaction. As a result of the completion of the transaction, Sanderson Farms' shares will no longer trade on the NASDAQ beginning on July 22, 2022.

As a. . .

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