03-05-2009, 08:39 AM
<b>Venezuela's Chavez seizes U.S. food giant unit</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->
Cargill takeover renews Chavez nationalization drive
* Tightening control over food comes after some shortages
* Chavez emboldened after referendum victory last month
By Patricia Rondon
CARACAS, March 4 (Reuters) - President Hugo Chavez seized a unit of American food giant Cargill on Wednesday and threatened to take over Venezuela's largest private company, <b>renewing a nationalization drive as the OPEC nation's oil income plunges.</b>
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Cargill takeover renews Chavez nationalization drive
* Tightening control over food comes after some shortages
* Chavez emboldened after referendum victory last month
By Patricia Rondon
CARACAS, March 4 (Reuters) - President Hugo Chavez seized a unit of American food giant Cargill on Wednesday and threatened to take over Venezuela's largest private company, <b>renewing a nationalization drive as the OPEC nation's oil income plunges.</b>
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