Pilgrims Pride Acquires GNP for $350 Million

<p style="text-align: left;" dir="ltr">Pilgrim's Pride Corp. will acquire GNP Co., a provider of premium branded chicken products in the Upper Midwest, for $350 million in cash. The addition of the GNP&rsquo;s portfolio of Just BARE&reg; Certified Organic and Natural/American Humane Certified&trade;/No-Antibiotics-Ever (NAE) product lines to Pilgrim's existing NAE and organic production capabilities, further positions Pilgrim&rsquo;s as a leading provider of high-quality products in the fastest-growing chicken segments.</p>
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