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China’s Shuanghui to buy Smithfield Foods for $4.7 billion

Posted on May 30, 2013 by

China’s Shuanghui International said it would buy Smithfield Foods Inc for $4.7 billion in cash to help satisfy growing demand for U.S.-made pork in its home market, but the deal may raise concerns in the United States.

Read the original post by The Baltimore Sun

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