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Pilgrim's Pride buys poultry supplier for $1 bln

Sept 11 (Reuters) - Pilgrim's Pride Corp, a U.S. based chicken processor, said it bought poultry supplier Moy Park from Brazil's JBS SA in a deal valued at about $1 billion.

JBS is the world's largest meatpacker and Pilgrim's Pride's largest shareholder. (Reporting by Vibhuti Sharma in Bengaluru; Editing by Shounak Dasgupta)