With chicken prices soaring, Sanderson Farms sold for $4.5B
By DEE-ANN DURBIN and MICHELLE CHAPMAN AP Business Writers With the price of chicken soaring, the third-largest poultry producer in the U.S. is being bought for $4.53 billion. Cargill and Continental Grain have formed a joint venture to acquire Sanderson Farms, paying $203 per share in cash for a company that last year processed more
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