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 Cinco de Mayo
Cinco de Mayo ("The Fifth of May" in Spanish) is a national holiday in Mexico which is also widely celebrated in the United States. It commemorates the victory of Mexican forces led by General Ignacio Zaragoza over the French occupational forces in the Battle of Puebla on 05 May 1862.
It is a common misconception that Cinco de Mayo is Mexico's Independence Day, which is celebrated on 16 September ("Dieciseis de Septiembre" in Spanish), but actually it is a celebration of the battle.
Source: http://en.wikipedia.org/wiki/Cinco_de_mayo
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