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Friday, January 19, 2007
Pilgrim's Pride credit rating downgraded after purchase of Gold Kist
January 19, 2007 Pilgrim's Pride credit rating downgraded after purchase of Gold Kist Saying that chicken products company Pilgrim's Pride's purchase of former rival Gold Kist increased the company's debts and that it would have difficulty ...
Tuesday, January 9, 2007
Pilgrim's Pride receives over 90 percent of Gold Kist's shares
January 9, 2007 Pilgrim's Pride receives over 90 percent of Gold Kist's shares Pilgrim's Pride Corporation has completed its share acquisition during the second offering period of its tender offer to acquire all of the outstanding shares of ...
Tuesday, December 5, 2006
Gold Kist agrees to US$1.1 billion buyout from Pilgrim's Pride
December 5, 2006 Gold Kist agrees to US$1.1 billion buyout from Pilgrim's Pride Months of courtship has finally paid off after Gold Kist, the third largest chicken processor in the US agreed to a US$1.1 billion buyout offer from Pilgrim's P ...
Friday, December 1, 2006
Pilgrim's Pride gains the upper hand and extends Gold Kist offer
December 1, 2006 Pilgrim's Pride gains the upper hand and extends Gold Kist offer The second largest chicken processor in the US, Pilgrim's Pride is extending its offer to purchase Gold Kist shares until December 27, 2006, after announcing ...
Thursday, November 9, 2006
Gold Kist lists reasons why stockholders should not sell out
November 9, 2006 Gold Kist lists reasons why stockholders should not sell out Gold Kist's chairman and CEO have written a letter to stockholders addressing the unsolicited offer from Pilgrim's Pride and defended the company's strategy of ho ...
Friday, November 3, 2006
Gold Kist unveils new expansion
November 3, 2006 Gold Kist unveils new expansion Gold Kist is holding a grand opening for its US$70 million, 180,000-square-foot expansion in Live Oak, Fla. The expansion comes in the midst of a persistent takeover offer from the second lar ...
Tuesday, October 31, 2006
Pilgrim's Pride extends offer to Gold Kist
October 31, 2006 Pilgrim's Pride extends offer to Gold Kist Pilgrim's Pride, the second largest chicken producer in the US, has announced it would extend its offer to buy Gold Kist common stock Monday (Oct 30). Pilgrim's Pride said its offe ...
Wednesday, October 18, 2006
Gold Kist to continue lawsuit against Pilgrim's Pride despite deal clearance
October 18, 2006 Gold Kist to continue lawsuit against Pilgrim's Pride despite deal clearance Although the US Department of Justice has cleared Pilgrim's Pride Corp.'s hostile takeover attempt on Gold Kist, the latter's lawsuit against it w ...
Monday, October 16, 2006
Gold Kist snubs Pilgrim's takeover offer, again
October 16, 2006 Gold Kist snubs Pilgrim's takeover offer, again US chicken producer Gold Kist Inc on Thursday (Oct 12), said it is rejecting the US$1 billion takeover offer Pilgrim's Pride Inc, saying the bid was too low. Members of the bo ...
Friday, September 29, 2006
Pilgrim to launch hostile bid for Gold Kist after gentle persuasion fails
September 29, 2006 Pilgrim to launch hostile bid for Gold Kist after gentle persuasion fails Pilgrim's Pride Thursday launched a hostile US$1 billion offer for Gold Kist shares after six weeks of talks between the two companies failed to yi ...
Thursday, September 21, 2006
Gold Kist hires the big guns to ward off takeover
September 21, 2006 Gold Kist hires the big guns to ward off takeover Gold Kist has hired a well-known Wall Street firm as it batten down the hatches and prepare for a proxy battle to ward off a potential takeover from Pittsburg, Tex., based ...
Tuesday, September 19, 2006
Gold Kist offers antibiotic free chicken
September 19, 2006 Gold Kist offers antibiotic free chicken Gold Kist Inc, the third largest chicken processor in the US, has announced its new Nature Select(TM) line of antibiotic-free, air chilled chicken. Raised on an all-vegetable diet, ...
Friday, September 8, 2006
Gold Kist completes US$30 million expansion
September 8, 2006 Gold Kist completes US$30 million expansion   Gold Kist Inc completed its US$30 million expansion of its poultry plant in Guntersville in Alabama, Thursday (Sep 7). The 80,000-square-foot expansion would add 200 processing ...
Monday, August 21, 2006
Pilgrim's Pride makes US$1 billion offer for Gold Kist
August 21, 2006 Pilgrim's Pride makes US$1 billion offer for Gold Kist Pilgrim's Pride Corp, the US's second-largest chicken processor, has offered US$1 billion for a takeover of Gold Kist Inc, the country's third-biggest chicken company. I ...
Thursday, May 11, 2006
Gold Kist makes net loss of US$16.2 million for Q2 2006
May 11, 2006 Gold Kist makes net loss of US$16.2 million for Q2 2006 Poultry processor Gold Kist reported a net loss of US$16.2 million for the second quarter of 2006 compared with net income of US$38.7 million for the second quarter of fis ...
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