June 17, 2013 / 5:06 AM / in 4 years

Market Chatter-Corporate finance press digest

June 17 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

* Starboard Value LP, a large activist investor in Smithfield Foods Inc, is pressuring the company to explore a break-up rather than go ahead with a planned $4.7 billion takeover by a Chinese meat producer, the Wall Street Journal reported.

* Britain’s Co-operative Bank is close to agreeing a rescue package with the Bank of England that will plug a capital shortfall of up to 1.5 billion pounds ($2.35 billion) without state help, according to a source familiar with the matter.

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