CORRECTED-Starboard hires bankers to explore Smithfield deals

Newswire

(Removes wrong ticker symbol for Shuanghui in first paragraph) July 12 (Reuters) - Activist shareholder Starboard Value LP said on Friday it engaged financial advisors to explore alternative deal options for Smithfield Foods Inc aside from its planned takeover by China's Shuanghui International. Starboard, a New York-based hedge fund and a large Smithfield shareholder, said it hired Moelis & Co and BDA Advisors Inc. Smithfield declined to ...

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