Gold Kist Board Rejects Pilgrim Pride’s Offer As Inadequate

US - Gold Kist Inc. yesterday announced that its Board of Directors has rejected as inadequate Pilgrim’s Pride Corporation’s (NYSE:PPC) unsolicited tender offer to acquire all outstanding shares of common stock of Gold Kist at a price of $20.00 per share, and strongly recommends that its stockholders not tender their shares.
calendar icon 13 October 2006
clock icon 2 minute read
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