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Pilgrim's Pride sold

Sam Mata / KETK News
September 17, 2009 - 7:38am

Pittsburg—A Brazilian beef producer purchased Pilgrim's Pride.

J.B.S. will buy a majority stake in the East Texas based company to help them get out of bankruptcy.

The deal is valued at 2.8 billion dollars.

The Pittsburg company was once the nation's largest chicken producer.

1 comment

Thank you for all the support for our family business over the years! It's greatly appreciated.

Reagan

7 months ago

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