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Stocks Pilgrims Pride Corp

  • Mergers and acquisitions momentum has driven the markets today. Four big deals were initiated: Bank of New York and Mellon Financial; LSI Logic and Agere Systems; Pilgrim’s Pride and Gold Kist; and Station Casinos got a buyout offer from a group including its chairman for $4.7 billion.

  • Pilgrim's Pride, the No. 2 U.S. chicken producer, will buy rival Gold Kist for a sweetened offer of $21 per share, or $1.1 billion, the companies said on Monday.