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'Pink Slime' Maker Slaps ABC With $1.2B Defamation Suit

By Greg Ryan (September 13, 2012, 4:24 PM EDT) -- A maker of the beef trimmings referred to by critics as "pink slime" launched a $1.2 billion defamation lawsuit in South Dakota on Thursday against American Broadcasting Cos. Inc. and journalist Diane Sawyer, claiming their news reports about the product imperiled its business....

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