| Date | Title | | | 10/22/09 | Pilgrim's Pride Receives Court Approval to Solicit Stockholder Acceptance of Amended Joint Plan of Reorganization|
PITTSBURG, Texas, Oct. 22 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that it has received approval from the U.S. Bankruptcy Court for the Northern District of Texas to begin soliciting stockholder acceptance of the amended joint plan of reorganization of the company and six of its subsidiaries that are debtors and debtors in possession (the Debtors) in the chapter 11 cases pending before the court. The company's creditors will not be v... |
|  | | 10/14/09 | Pilgrim's Pride Receives Early Antitrust Clearance From Federal Trade Commission and Department of Justice for Stock Purchase Agreement With JBS|
PITTSBURG, Texas, Oct. 14 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that it has received early antitrust clearance from the Federal Trade Commission and Department of Justice for the company's previously announced stock purchase agreement with JBS USA Holdings, Inc. (JBS U.S.A.), a subsidiary of JBS S.A.
Last month, Pilgrim's Pride and six of its subsidiaries (the Debtors) filed a joint plan of reorganization and related disclosure statement ... |
| | | 09/18/09 | Pilgrim's Pride Files Plan of Reorganization and Disclosure Statement With U.S. Bankruptcy Court| PITTSBURG, Texas, Sept. 18 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) and six of its subsidiaries that are debtors and debtors in possession in the chapter 11 cases pending in the United States Bankruptcy Court for the Northern District of Texas today announced they have filed a joint plan of reorganization and disclosure statement under chapter 11 of the Bankruptcy Code.
As previously announced, Pilgrim's Pride and JBS have agreed to a transaction representi... |
| | | 09/16/09 | Pilgrim's Pride to File Plan of Reorganization and Disclosure Statement with U.S. Bankruptcy Court| JBS to Purchase Majority Equity Stake in Reorganized Company; Emergence from Chapter 11 Expected in December
PITTSBURG, Texas, Sept. 16 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) and six of its subsidiaries (collectively, the "Debtors") that are debtors and debtors in possession in the Chapter 11 cases pending in the United States Bankruptcy Court for the Northern District of Texas today announced that they will be filing a joint plan of reorganization and disc... |
| | | 07/24/09 | Pilgrim's Pride to Idle Two Chicken Processing Facilities in Athens, Alabama and Athens, Georgia| PITTSBURG, Texas, July 24 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced plans to idle its chicken
processing plant in Athens, Ala., and one of its two plants in Athens, Ga.,
within 60-75 days as part of its continuing effort to improve capacity
utilization and reduce costs.
Production from the Athens, Ala., plant will be consolidated into two
other Pilgrim's Pride complexes, bringing those facilities to full capacity.
The hatchery in Mo... |
| | | 07/10/09 | Search Begins for the Nation's Most Delicious Chicken Recipes in the 21st Annual Winning Taste Recipe Contest(R)| PITTSBURG, Texas, July 10 /PRNewswire-FirstCall/ -- Creative cooks should
act now to enter their original chicken recipes in the 21st Annual Winning
Taste Recipe Contest(R) before the September 30, 2009, entry deadline. Four
lucky winners will receive cash and prizes in excess of $6,000.
Original chicken recipes using Pilgrim's Pride fresh chicken or prepared
foods chicken product are being accepted in five categories: 1)
Appetizer/Snack; 2) Main Dish/Entree; 3) Light/Healthy; 4) ... |
| | | 06/10/09 | Pilgrim's Pride Voluntarily Recalls Buffalo Style Chicken Wings for Undeclared Allergens| PITTSBURG, Texas, June 10 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced it is voluntarily recalling
approximately 608,000 pounds of buffalo style chicken wings produced for The
Kroger Co. because they may contain undeclared dairy, soy, and wheat
allergens.
The recalled product is Kroger Fully Cooked Buffalo Style Wings, UPC
number 11110 97158, packaged in two-pound bags, all code dates. These
products were sold in Kroger's family of st... |
| | | 05/22/09 | Pilgrim's Pride Completes Sale of Farmerville Chicken Complex to Foster Farms| PITTSBURG, Texas, May 22 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced that it has completed the
sale of its chicken complex in Farmerville, La., to Foster Farms for
approximately $72.3 million. The final sale price was adjusted for associated
inventory and other reimbursements. The Farmerville complex includes a
processing facility, a cook plant, two hatcheries, a feed mill and a protein
conversion plant.
Separately, Pilgrim's Pride ... |
| | | 05/07/09 | Pilgrim's Pride Signs Agreement to Sell Farmerville Chicken Complex to Foster Farms| PITTSBURG, Texas, May 7 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced that it has signed a
definitive agreement to sell its chicken complex in Farmerville, La., to
Foster Farms for $80 million, subject to a price adjustment for associated
inventory and other reimbursements. Completion of the transaction is
contingent upon customary closing conditions, including the expiration or
termination of the waiting period under the Hart-Scott Rodino ... |
| | | 04/13/09 | Pilgrim's Pride to Close Processing Facility in Dalton, Ga., as Part of Reorganization| PITTSBURG, Texas, April 13 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced plans to close its chicken
processing plant in Dalton, Ga., within 60 days and consolidate production at
the company's processing facility in Chattanooga, Tenn. These actions are
aimed at improving the company's capacity utilization and reducing its costs.
Approximately 280 employees who work at the Dalton plant will be affected
by the closing. Pilgrim's Pride wil... |
| | | 03/20/09 | Pilgrim's Pride Agrees to $80 Million Sale Price for Farmerville Chicken Complex| PITTSBURG, Texas, March 20 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced that it has agreed to sell
its chicken complex in Farmerville, La., to Foster Farms for $80 million. The
transaction is subject to the parties entering into a purchase agreement, as
well as the expiration or termination of the waiting period under the
Hart-Scott Rodino Improvements Act and approval by the U.S. Bankruptcy Court.
The company expects the transaction would... |
| | | 03/02/09 | Pilgrim's Pride Names Jerry Wilson as Executive Vice President of Sales and Marketing| PITTSBURG, Texas, March 2, 2009 /PRNewswire-FirstCall via COMTEX/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced that Jerry D. Wilson has been
named executive vice president of sales and marketing, subject to approval of
the United States Bankruptcy Court for the Northern District of Texas. He will
join the company immediately on an interim basis.
Mr. Wilson brings 29 years of poultry industry experience to his new role.
He previously served nine years as vice presiden... |
| | | 02/27/09 | Pilgrim's Pride Plans to Idle Three Chicken Processing Plants as Part of Organizational Restructuring| Rationalization of Production Footprint Will Improve Product Mix and
Generate Estimated Annualized Savings of $110 Million as Pilgrim's Pride
Continues Shift to Becoming Market-Driven Company
PITTSBURG, Texas, Feb. 27 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced plans to idle three of its 32
U.S. chicken processing plants by mid-May as part of its reorganization. The
idling of these three underperforming plants is intended to improve t... |
| | | 01/28/09 | Don Jackson Elected to Pilgrim's Pride Board of Directors| PITTSBURG, Texas, Jan 28, 2009 /PRNewswire-FirstCall via COMTEX/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that Don Jackson, president and chief executive officer, has been elected to the Company's Board of Directors, effective immediately. Dr. Jackson joined the company on an interim basis last month and his appointment as president and CEO was approved yesterday by the U.S. Bankruptcy Court. Prior to accepting his position with Pilgrim's Pride, he served as presiden... |
| | | 01/27/09 | U.S. Bankruptcy Court Approves Don Jackson as President and Chief Executive Officer of Pilgrim's Pride| PITTSBURG, Texas, Jan. 27 /PRNewswire-FirstCall/ -- Pilgrim's Pride
Corporation (Pink Sheets: PGPDQ) today announced that the United States
Bankruptcy Court for the Northern District of Texas has approved the Company's
hiring of Don Jackson as president and chief executive officer. As previously
announced, Dr. Jackson had joined the company on an interim basis last month.
Prior to accepting his position with Pilgrim's Pride, he served as president
of Foster Farms' poultry division, a ... |
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