please tell me how can i understand this sentence.
im used to see world news everyday to study english.
but i cant understand some sentence or words exactly.
can anybody tell me how to explain following sentence?
Florida deal may sound death knell for Big Sugar
Re: please tell me how can i understand this sentence.
WELLINGTON, Fla. (AP) -- In one of the biggest conservation deals in U.S. history, the nation's largest producer of cane sugar reached a tentative agreement [the Florida deal] Tuesday to get out of the business and sell its nearly 300 square miles in the Everglades to the state of Florida for $1.75 billion. [death knell (of a funeral bell)]
Originally Posted by sgh
The deal with U.S. Sugar Corp [Big Sugar, cf. Big Oil] results from a convergence of interests: The state is trying to restore the Everglades and clean up pollution caused by Big Sugar and other growers, while the American sugar industry is being squeezed by low-price imports.
Florida strikes $1.7B deal with Big Sugar - Jun. 24, 2008
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