Pilgrim's Pride Extends Credit Lines Until Monday

Summary


NEW YORK -- Troubled chicken processor Pilgrim's Pride Corp. said Wednesday it reached an agreement with its lenders to extend its credit lines until Monday.

The Thanksgiving reprieve allows the company, which has a distribution center in Salt Lake City, to avoid filing for bankruptcy or selling its assets in order to cover its debts.

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Pilgrim's Pride Extends Credit Lines Until Monday

The Pittsburg, Texas-based company...

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