Smithfield foods company is one of the largest shareholder, said from China's largest meat producing $472 million takeover bid is lower than the company would be worth it, if sell piece by piece.
LP, based in New York investment firm starboard value with smithfield common equity by about 5.7%, estimated at smithfield, Virginia pork producers value of $900 billion to $1.08 billion, or about $44 to $55 per share.
According to the agreement reached last month with shineway international holdings co., LTD., and the Philippines will sell for $34 per share. The deal is still subject to regulatory and shareholder approval.
Starboard, and shuanghui processing provide some value, shareholders will get better service, if the company focus on selling department.
Smithfield shares rose 2% in pre-market trading on Monday.



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