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CNN reports that the US Department of Justice has concluded its antitrust investigation into the proposed acquisition by Smithfield Foods of Premium Standard Farms, which would merge the nation’s two biggest hog producers. Investigators said they would not object to the deal, noting that there was plenty of competition in the category and that the deal shouldn’t hurt anyone.

BrandWeek reports that PepsiCo is licensing its Aquafina brand name to a cosmetic company that will develop a skincare line called Aquafina Advanced Hydration RX.

• Published reports say that Aldi plans to open in Rhode Island with its first store there, to be located in Cranston.
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