Pilgrim's Pride Investor Challenges $1.3B Moy Park Deal

By Matt Chiappardi (January 30, 2018, 9:28 PM EST) -- A shareholder in chicken producer Pilgrim's Pride Corp. has launched a derivative lawsuit in the Delaware Chancery Court, made public Tuesday, that challenges the company's $1.3 billion acquisition from controlling shareholder JBS SA of U.K. poultry firm Moy Park, alleging the deal was rife with fiduciary duty breaches....

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