The South Dakota meat processor that sued ABC News over the characterization of its top-selling product as “pink slime” in TV news reports has set up a $10 million fund to help former employees and communities affected by the plants it closed in 2012, it said on Wednesday. The privately held Beef Products Inc sued ABC, a unit of Walt Disney Co, in 2012, saying ABC defamed the company by using the term “pink slime” and accusing it of making errors and omissions in its reporting.
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Reuters
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