In a filing with the Securities and Exchange Commission today, ConAgra announced it has sold its refrigerated meats business, including the Butterball Turkey plant at Carthage, to Smithfield Foods.
ConAgra will receive $475 million plus $100 million worth of Smithfield stock, according to the filing. The sale includes the Butterball, Eckrich, Armour, LunchMakers, Margherita, and Longmont brands.
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