To: Cautious_Optimist who wrote ( 3935) 5/13/2015 1:13:01 PM From: richardred Read Replies (5) | Respond to of 6850 I am familiar with Sanderson and Pilgrim. I have to agree with your potential targets based on reasonable valuations. I also liked Hormel at one time and still follow it. Smithfield Foods (Pork) acquisition by a Chinese comes to mind. The justice dept set a present by allowing that acquisition to happen. So I wouldn't rule out a potential future bid by a Chinese company also. Message 29694449 Message 28727339 Related food deal Hormel Foods nears deal for Applegate Farms-sources <span class="articleLocation">Feb 12 Hormel Foods Corp is in late-stage talks to acquire Applegate Farms LLC, a privately held producer of organic hot dogs, bacon and sausages, to enhance its branded protein offerings, according to people familiar with the matter. A deal for Applegate Farms could be announced as early as next week and value the Bridgewater, New Jersey-based company at between $600 million and $1 billion, the people said, asking not to be named because the matter is confidential. A representative for Applegate Farms could not be reached for comment. Hormel declined to comment. Private equity firm Swander Pace invested an undisclosed amount in Applegate Farms in 2009. The company was founded in 1987 by current CEO Stephen McDonnell. A sale of Applegate Farms would come amid a slew of merger activity for meat companies. Recent high-profile deals in the sector have included Hershey Co's acquisition of jerky company Krave, Post Holdings Inc's $2.5 billion acquisition of food processing company Michael Foods, and Tyson Foods Inc's $8.6 billion acquisition of packaged meats producer Hillshire Brands. The private equity owners of protein and sandwich supplier AdvancePierre Foods are also interviewing banks for a near-term sale of the company, sources told Reuters last week. Hormel in August acquired Muscle Milk maker CytoSport Holdings Inc, a sports nutrition drink. (Reporting by Olivia Oran in New York; Editing by Christian Plumb) reuters.com P.S. I totally agree on TWTR. I joined you in owning some Twitter. Interesting that you mentioned Netflix. Carl Icahn loves big valuations. Twitter needs a push, and Carl love to push. Just maybe he'll bite if his target research team says yes. Carl has a Twitter account and there's been controversy with his personal tweets being used in his trading. These days I think he's still remembering the profit & successes he's already booked on Netflix, Apple, and E-Bay. Also remember, last I heard the Cramer charitable trust owns some twitter. That's a megaphone calling out for our TWTR stakes.