Big U.S. poultry company takes step to become global player

Pilgrim’s Pride, the second-largest U.S. poultry processor, will buy the European poultry producer Moy Park for $1.3 billion in a deal that its chief executive says will “position Pilgrim’s to become a global player,” reported Agrimoney. Moy Park claims a 25-percent share of the chicken market in western Europe. Somewhat dizzyingly, the transaction “keeps Moy… » Read More