By Market News Video Staff, Tuesday, November 9, 1:49 PM ET
Food industry recycling and rendering company Darling International (NYSE:DAR) is watching its shares soar today after it announced it has agreed to buy Griffin Industries, an animal and bakery by-product recycler, for $840 million.
Darling shares are higher by 11.9% Tuesday.
The stock is the #5 holding of the S&P SmallCap Consumer Staples Portfolio (XLPS), at 5.75% of the fund, which is trading up 0.25% today.
Ahead of it in the fund is top holding TreeHouse Foods (NYSE:THS), at 11.34% of the total, followed by United Natural Foods (NASDAQ:UNFI), Casey’s General Stores (NASDAQ:CASY), and Hain Celestial Group (NASDAQ:HAIN).
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