Friday, May 31, 2013

Chinese Meat Firm With Terrible Food Safety Record Buys The Largest Pork Producer In The U.S.

Chinese Meat Firm With Terrible Food Safety Record Buys The Largest Pork Producer In The U.S.: Two global meat giants with shady food safety histories are planning to merge in hopes of becoming the most powerful meat producer in the world. Smithfield Foods, the largest pork producer in the U.S., has been bought by China’s Shuanghui International Holdings Limited for $4.7 billion. If deal is cleared by Smithfield shareholders and the [...]/p