Posted: 12.31.2010

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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