South Dakota Supreme Court Settles Jerky Maker Buyout Case

PIERRE, SD – The South Dakota Supreme Court says a subsidiary of one of the world’s largest beef jerky companies must pay a son of the company’s founder $16.5 million for his shares of the South Dakota subsidiary.   The dispute involves the family that owns Link Snacks Inc., which is based in Wisconsin. Jay Link, a son of Link Snacks founder Jack Link, contends he was unfairly cut out of the business by his father and brother Troy Link.   A Wisconsin case set the amount that Jay Link will get for his share of the main company. The South Dakota decision upholds a circuit judge’s ruling on how much Jay Link will get for his share of LSI Inc., which is based in Alpena. He had argued he should be paid more.

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