The Antitrust Division of the U.S. Department of Justice have requested additional information from Smithfield Foods and Premium Standard Farms in connection with Smithfield's pending acquisition of PSF. The Second Request was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act).

 The effect of the Second Request is to extend the waiting period imposed by the HSR Act until 30 days after Smithfield and PSF have substantially complied with the Second Request, unless that period is extended voluntarily by the parties or terminated sooner by the DOJ. The companies intend to respond to the Second Request and to work toward clsoing the deal in the first quarter of 2007.

Source: PRNewswire