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Pilgrim’s Pride Successfully Emerges from Bankruptcy
Pilgrim’s pride has successfully emerged from bankruptcy protection under Chapter 11 of the United States Bankruptcy Code providing full cash payment of $2.4 billion to creditors and $450 million in stock to equity holders. CRG Partners acted as Chief Restructuring Officer and Financial Advisor to Pilgrim’s Pride Corporation.
Press Release
CRG Partners Announces Client Pilgrim’s Pride Successfully Emerged from Bankruptcy
In the News
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Spotlight: William K. Snyder
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Pilgrim's Pride leaves Ch. 11 controlled by JBS
Watt Poultry
Podcast: Turnaround at Pilgrim's Pride
Thursday, January 07, 2010
Winston Mar, managing director at CRG Partners, talks with Gary Thornton about the turnaround at Pilgrim's Pride and its emergence from bankruptcy.
Reposted with permission of WATT Poultry USA. To sign up for a subscription, please visit: wattagnet.com
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Stephen Gray has more than 25 years of experience developing and implementing restructuring and crisis management plans for public and private companies, general creditors, secured parties, acquirers of non-performing companies and judicial bodies.
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