Daring Foods intends to distribute nationwide in the US with the help of the established meat brand.

The trade association wants the results of the review to be public.

The company said the move protected 130 jobs.

Jefferies Financial Group sold its remaining shares.

Owners will receive $30 million in cash and stock.

The São Paulo-based company manufactures cold meat and sausage in Brazil.

The companies plan to study online meat shoppers.

The company says the farms are a strategic investment.

The transaction is valued at $36 million.

The largest California poultry producer had the winning bid in bankruptcy court.