Saturday, June 1, 2013

China Inc's Smithfield bid expected to pass Washington test

JUNE 1, 2013

(Reuters) - Washington may still be digesting news of China Inc's latest bold move into America with the nearly $5 billion takeover of Smithfield Foods Inc (SFD.N), but early indications are the deal will not inflame enough nationalistic opposition to kill it, and success could pave the way for more Chinese purchases.

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