Smithfield Foods' officials have met the requests from the U.S. Department of Justice antitrust division to compile information related to the company's planned acquisition of Premium Standard Farms.

The announcement came last fall that Smithfield plans to acquire PSF for $674 million in cash and stock and assume $117 million in debt.

Smithfield officials say the hope is that the antitrust division can complete its review in time for the deal to close yet in the first quarter of this year.

A Premium Standard Farms shareholders meeting has been scheduled for Feb. 23 to vote on the deal.

Source: Associated Press