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ContiBeef, Smithfield merge feedlot business
The Organization for Competitive Markets (OCM) has expressed concern
about the proposed merger of the second- and third-largest cattle-
feeding companies in the U.S. because it would create the largest such
firm and consolidate power into the hands of the country's largest hog
Smithfield Foods Inc. announced last week a deal to merge its MF Cattle
Feeding subsidiary with ContiBeef, a subsidiary of ContiGroup Companies
Inc. The combined entity would be the...
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