Pilgrim's Pride Corp. has filed for Chapter 11 bankruptcy protection, citing feed prices and debt load, much of it from the $1.3 billion deal for Gold Kist, Inc., in 2007. A spokesperson stressed that the company was reorganizing, not liquidating its assets, and will keep operating through the reorganization process.

Register to view the full article

Please register to access this content.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.