Cal-maine foods, inc. announces agreement with company's founder's family

Ridgeland, miss.--(business wire)--cal-maine foods, inc. (nasdaq: calm) (“cal-maine foods” or the “company”) today announced that it has entered into an agreement with members of the family of its founder fred r. adams, jr., relating to the potential diversification of their individual financial portfolios. as discussed below, the agreement creates a process for the potential conversion of all of their super voting class a common stock (“class a shares”) to cal-maine foods' common stock (“commo.
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