Acquisitive Smithfield Foods, jilted one-time last this month plans to raise $200 million to repay debt and for general corporate uses, including potential acquisitions. Just three days prior to announcing its intent to raise the debt, the $2.4 billion market cap pork producer publicized its planned $266 million takeout of Packerland Holdings Inc. Green Bay, Wis.-based Packerland is the fifth largest beef packer in the U.S.
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