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The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor

 
Anonymous Coward
User ID: 37775082
United States
06/06/2013 10:47 AM
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The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
Once a proud, strong country, the U.S. is being sold out piece by piece to the highest bidder.

Smithfield Foods received a $4.7 billion buyout offer from a Chinese food company. News that an agreement had been reached and was awaiting U.S. government approval sent a shiver through the community, where it is the largest employer with a payroll of nearly 4,000 people. Worldwide, Smithfield employs 46,000.

[link to news.yahoo.com]
Anonymous Coward (OP)
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06/06/2013 10:55 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
Shuanghui acquires world´s top pork processor


Anonymous Coward (OP)
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06/06/2013 11:01 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
This is how the Chinese handle pork in their own country:

Anonymous Coward
User ID: 37709678
United States
06/06/2013 11:06 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
I live in Virginia funny thing is Chinese investors just bought a crap load of land in my area.
JUST HERE

User ID: 25610447
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06/06/2013 11:08 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
this story is a week old
:glp sign:
Lil Piggy
User ID: 32639397
Austria
06/06/2013 11:10 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
Disgusting! Stop eating the swine. If you have not already this is a good time to start. Secondly, if you eat meat, only eat what is raised locally outside of mass produced factories. And read 'The Jungle' by Upton Sinclair.

'You are what you eat.' There isn't an English speaker that doesn't have that in their subconscious. Start listening to yourself.
Anonymous Coward (OP)
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06/06/2013 11:13 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
I live in Virginia funny thing is Chinese investors just bought a crap load of land in my area.
 Quoting: Anonymous Coward 37709678


The deal is almost a done deal at this point. The deal just faces a federal regulatory review and Smithfield shareholder approval. That's probably why they're buying up land around your area.
Anonymous Coward (OP)
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06/06/2013 11:13 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
this story is a week old
 Quoting: JUST HERE


No, it was just announced that a deal was reached yesterday.
Anonymous Coward (OP)
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06/06/2013 11:23 AM
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Re: The Chinese are trying to buy Smithfield Foods, Inc -- the biggest pork producer/processor
Brand names associated or under Smithfield foods: Smithfield, Eckrich, Farmland, Armour, Cook's, Gwaltney, John Morrell, Kretschmar, Curly's, Carando, Margheria, and Healthy Ones.





GLP