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Iowa Senator Raises Competitiveness Concerns Over Smithfield Buyout by Chinese Firm

2013-05-29 23:52:00| National Hog Farmer

Source: Office of Sen. Charles Grassley   Sen. Charles Grassley (R-IA), who has led efforts in Congress to keep agricultural markets competitive for market participants and consumers, has released a statement regarding the announcement that Smithfield Foods would be purchased by Shuanghui International. The deal needs to be reviewed by the Department of Justice and the U.S. Committee on Foreign Investment (CFIUS). read more

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