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The buyout of Smithfield Foods may have an issue from one of the stockholders of the company. The Global Times is reporting that Starboard Value is an “activist investor” and they have apparently taken a 5.7 percent share in Smithfield to become the largest single investor. So, now they must be heard by the board of Smithfield. According to Starboard Value’s own web site, they specialize in Small Capitalization funds, especially those that are deeply undervalued. Smithfield Foods released their annual report on the 14th with the statement that they have earned the second best year in the company history in their pork segment.