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Article: Pilgrim's Pride Corp. received FTC and Justice Dept. approval for its deal with Brazilian beef producer JBS SA, which would help pull the chicken producer out of bankruptcy.(MERGER RELATED NEWS)(acqusition)(Brief article)
- Article from:
- The Food Institute Report
- Article date:
- October 19, 2009
CopyrightCOPYRIGHT 2009 The Food Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PILGRIM'S PRIDE CORP. received FTC and JUSTICE DEPT. approval for its deal with Brazilian beef producer JBS SA, which would help pull the chicken producer out of bankruptcy. In September, JBS stated it would buy a majority stake in ...
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... ... investors that Smithfield's foundations were firm. Pilgrim's Pride Corp., the nation's largest chicken producer, filed Monday ... percent this year and selling its beef business in October to JBS SA of Brazil for $565 million in cash. In addition, Manly said ...
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