Posted 7/2/2015 08:33 (#4657514 - in reply to #4657205) Subject: RE: JBS USA buys Cargill Pork
all over Iowa
In other words, JBS is much more bullish about the meat business than Cargill. JBS shot Cargill a high enough bid that Cargill feels it is higher than potential profits, while JBS thinks they can make more profit over and above that high bid.