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Pilgrim's Pride files for Chapter 11 bankruptcy protection
ChicagoTribune.com
12/01/2008
ChicagoTribune.com recently reported that chicken producer, Pilgrim's Pride, has filed for Chapter 11 bankruptcy protection.
According to the article, "The Pittsburg, Texas-based company sought the bankruptcy protection in a filing with the U.S. Bankruptcy Court for the Northern District of Texas on Monday, saying that as of Sept. 27 it had $3.75 billion in assets and $2.72 billion in debts."
To read the entire article, click on the ChicagoTribune's report.
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