Nightly News   |  May 29, 2013

Chinese meat producer to buy US food company

The Chinese are buying Smithfield Foods for nearly $5 billion, the largest takeover to date of an American company by a Chinese company. NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> the folks at smithfield, as in smithfield hams, have agreed to sell the company for close to $5 billion to the chinese. china is the number one pork consuming nation in the world. this would be the largest takeover to date of an american company by a chinese company.