Thursday, May 04, 2006

Wal-Mart Announces First Recipient of Private Equity Fund

Wal-Mart has come through with its promise to invest in businesses owned by women and people of color. Mansfield, Texas–based Siméus Foods International, the largest black-owned food-processing company in the United States, has been awarded $5 million through Wal-Mart's equity fund.

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