THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Thursday, April 20, 1995 TAG: 9504200445
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
TYPE: Daily Digest
LENGTH: Short : 24 lines
Carroll's Foods Inc. will offer as many as 210,000 common shares of Smithfield Foods Inc. for sale this month, according to a filing with the Securities and Exchange Commission. The sale of Smithfield shares, which are held by Carroll's Virginia-based Swine Investment Partnership, is expected to provide proceeds for swine production operations in Utah and the Midwest. Some of the proceeds also may be used for Carroll's general corporate purposes, the filing said. Smithfield Foods, based in Smithfield, is the parent company for three subsidiaries that market fresh pork and processed pork products, Gwaltney of Smithfield Ltd., Patrick Cudahy Inc. and Smithfield Packing Co. (Bloomberg Business News) by CNB