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Inside Chinese Firm's Deal To Buy Smithfield Foods

Thu, 05/30/2013 - 12:06pm
CBS News

Smithfield Foods, the world's largest pork producer, is being bought by Shuanghui. The price: almost $5 billion. If approved, it will be the largest takeover of an American company by a Chinese buyer. This is the latest in a string of American companies being purchased by China. So why this company—and why now?

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Have any comments or questions about our video editions of IMPO? Or do you have a video you'd like to see featured in one of our deployments? Email me at Rachel.Immel@advantagemedia.com.


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