This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BRF: Notice To The Market

SAO PAULO, June 5, 2012 /PRNewswire/ -- Marfrig Alimentos S.A. ("Marfrig" - Bovespa: MRFG3; Level 1 ADR: MRTTY) and BRF - Brasil Foods S.A. ("BRF" - Bovespa: BRFS3; NYSE: BRFS) announce to the market and their shareholders the start of the execution of the Asset Swap Agreement and Other Covenants ("Agreement") entered into between the Companies on March 20, 2012 and the opinion issued by Brazil's antirust authority ( Conselho Administrativo de Defesa Economica) on May 23, 2012 , with the transfer from BRF to Marfrig of the industrial units located in Duque de Caxias (RJ) and Lajes (SC) and of the Distribution Centers located in Salvador (BA), Campinas (SP), Brasilia (DF) and Sao Jose dos Pinhais (PR). Approximately 3,800 employees were integrated and the processes and production information systems were connected to the management system of Seara Foods.

At the Extraordinary Shareholders' Meeting held on May 31, 2012, the shareholders of Quickfood S.A. approved, by unanimous vote, the segregation of certain meatpacking assets that were not included in the swap transaction, making Quickfood S.A. free to be transferred to BRF. Additionally, on June 1, 2012, Quickfood began to be managed by BRF, with the complete segregation of the information systems.

The Companies will maintain the market informed of each new stage accomplished in the transaction.

SOURCE BRF - Brasil Foods S.A.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs