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U.S. unlikely to block Chinese purchase of Smithfield

2013-09-06 06:07:53| Food - Topix.net

The U.S. government should soon give the go-ahead for the largest ever Chinese acquisition of a U.S. company: a Chinese food group's $4.7 billion deal to buy Smithfield Foods Inc , an inter-agency executive branch panel that examines foreign investment for potential threats to national security.

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