Business & Finance
JBS Seeks Rest of Pilgrim’s Pride Stake in $1.2 Billion Deal
Key Points
Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1.2 billion.
Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1.2 billion.