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Smithfield Sellout: Will Americans Pay the Price?

Well, it’s official: the United States of America is on its way to becoming China’s cesspool. Or the world's largest “CAFO”… As reported by almost every major media outlet, Smithfield Foods – the nation’s biggest pork producer – is being sold to Shuanghui International, one of China’s biggest meat processors, for $7.1 billion (including assumed debts). According to the New York Times, it’s the largest takeover to date of an American company by a Chinese rival.
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