Thread regarding Cargill layoffs

What does this mean for us?

Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm Continental Grain. The all-cash deal represents an 11.3% premium over Friday’s closing price for Sanderson Farms. Sanderson shares surged 8.3% in the premarket.

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https://www.cnbc.com/2021/08/09/stocks-making-the-biggest-moves-in-the-premarket-sanderson-farms-us-foods-tyson-foods-and-more.html

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