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Smithfield Foods Inc., Smithfield, Va., and American Foods Group Inc. have terminated discussions regarding the agreement for Smithfield Foods to acquire American Foods Group.


Smithfield Foods This article or section is written like an .
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 Inc., Smithfield Smithfield, district, London, England
Smithfield, district of the City of London, England. Beginning in the 12th cent., it was used for fairs, markets, jousts, and executions. During the reign of Queen Mary I (1553–58), Protestants were executed there.
, Va., and American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Foods Group Inc. have terminated discussions regarding the agreement for Smithfield Foods to acquire American Foods Group. Neither of the companies gave any further details. Had the acquisition been completed, Smithfield would have become the fourth-largest beef processor with a nine percent share of the U.S. beef market and $2.6 billion in annual beef sales.
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Comment:Smithfield Foods Inc., Smithfield, Va., and American Foods Group Inc. have terminated discussions regarding the agreement for Smithfield Foods to acquire American Foods Group.
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2002
Words:64
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