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Pilgrim’s Pride forms special committee to evaluate JBS proposal, appoints Ropes & Gray and Moelis
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Pilgrim’s Pride formed a special committee of independent directors to review JBS N.V.’s unsolicited takeover proposal and retained legal and financial advisers. Key Highlights: Special committee created to review and evaluate JBS N.V.’s August 18, 2026 unsolicited proposal to acquire remaining PPC shares. Committee retained Ropes & Gray LLP as legal counsel and Moelis & Company LLC as financial advisor to assist the review. Board will not approve any transaction…