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Just the facts, please

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Staff writer

With a year of the iPad program under its belt, the Isle of Wight County school division is ready to face the “brutal facts,” said assistant superintendent Laura Abel.

School staff is undertaking a “blame-free autopsy” of the Isle-21 iPad initiative, which gave each high school student his own iPad this past year, said Abel, who referenced a book called “Good to Great” by Jim Collins as the basis for her approach.

Abel hopes to compile feedback from a variety of sources and present it to the School Board at its July 16 meeting.

“This is not about who did what, but rather where we go from here,” she said. So far, staff has received 80 completed surveys, which they randomly sourced from parents of highschoolers, and is actively seeking more parent feedback through a survey online.

This week, staff will hold focus groups with parents, said Abel.

Focus groups of teachers and students have already met.

Both high schools shared this information with parents via the Alert Now system, school email groups and iPad apps, said Bowers.

The schools submitted 20 Windsor High and 30 Smithfield High parents’ names to represent all grade levels in the focus groups, said Bowers.

 The online survey is anonymous but asks parents to indicate which school their child attended to gauge whether there is a difference in experience from Windsor to Smithfield high schools. ...(Subscribe!)

 

America's story in music Friday

A slice of Americana will be told in music Friday when folk musician Bob Zentz performs on the Gazebo Stage in front of The Smithfield Times. The concert begins at 8 p.m.

Zentz, an accomplished folk musician, plays dozens of instruments and brings a variety of them to each concert he performs. He has a repertoire of more than 2,000 songs, including many with Virginia and Chesapeake Bay origins. His albums focus on traditional folk, Celtic and maritime music, and he has traveled as far as Australia spreading America's story in song.

The Summer Concert Series is sponsored by The Smithfield Times and the Isle of Wight Arts League. The lawn chair concerts are free to the public.

Following is the schedule for the remainder of the year:

June 28: The Rhondells

July 5: Peninsula Concert Band

July 21: Bobby Blackhat Band

July 19: Sisters Tellado

July 26: Higher Ground

Aug. 2: Histerically Correct Pirate Show

Aug. 9: Smithfield Little Theatre

Aug. 16: Navy Four Star Edition

Aug. 23: Hard Knox

Aug. 30: Fort Lee Army Band

 
windsor

Smile!

Windsor High School senior Billy VanHorn poses for an impromptu picture after graduation Friday night in the school's courtyard. VanHorn and fellow graduates celebrated the end of high school, remembered a lost classmate and welcomed an old friend that night.

 

Investor wants Foods divided

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News editor

One of Smithfield Foods’ largest investors said it could have gotten more money for the company if it was split up and sold in separate divisions.

Officials with Starboard Value LP, an investment advisor, sent a letter to Smithfield Foods Board of Directors Monday calling for the pork producer to consider a piece-by-piece sale.

Starboard Value LP owns about 5.7 percent of the outstanding common stock.

Foods announced in May that it had entered into a merger agreement with China-based Shuanghui for $7.1 billion. The sale is pending stockholder and regulatory approval.

According to the letter, Starboard said that the company was “significantly undervalued."

If sold separately, the company would be worth between $9 and $10.8 billion — or $44 to $55 a share, according to Starboard.

Starboard estimated that the hog production side would be worth $1.8 to $2.3 billion; the international division at $1.2 to $1.5 billion and the pork side bringing in the highest value at $6.2 to $7.9 billion.

The investors went on to say that there are “several likely strategic acquirors” for each of the divisions — hog production, international and pork.

The sale with Shuanghui gave stockholders the option of selling for $34 a share — up 31 percent from the close of the market May 28 — the last trading day before the sale was announced.

Once the sale with Shuanghui is completed, Foods will no longer be a publicly held company.

Starboard’s letter comes on the heels of a similar proposal from another large Foods stockholder — Continental Grain.

Continental Grain also suggested Foods be split into three parts, mainly because the hog production side of the operation was problematic due to high feed costs and ethanol production.

Foods stated that its hog production side provides access to a quality supply of pork, as well as balances volatility. If the hog farms were spun off, it would result in loss of control over quality and create more competition, according to a filing by Smithfield with the U.S. Securities and Exchange Commission. (Subscribe!)

 
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