Gold Kist looks for alternatives to deflect Pilgrim's hostile take over offer
Sonya Sanjebo
Sep. 28, 2006

Pilgrim is determined to take control of Gold Kist creating a bigger efefct than the Tyson Foods. But Gold Kist looks for alternatives to deflect Pilgrim's hostile take over offer. The chicken producer is not happy with the $20 offer from Pilgrim.

Pilgrims strategy is clear. In December 2003 purchase of ConAgra’s poultry unit helped it to start challenfing Tyson Foods. Now with this possible acquisition, they can overtake Tyson.

According to sources, Gold Kist wants atleast $26 per share. Tyson may offer that to Gold Kist.

Gold Kist looks for alternatives to deflect Pilgrim's hostile take over offer
Sonya Sanjebo
Pilgrim is determined to take control of Gold Kist creating a bigger efefct than the Tyson Foods.
READ MORE>>

Office Depot acquiring a controlling stake in AsiaEC - China's one of the leading office supplies dealer - shrewd move?
Karen Anderson
As Chinese economy gets ready to plunge in a deep recession, it may the worst move by Office Depot.
READ MORE>>

What does HP’s general counsel Baskins know that a resignation is triggered and she takes the fifth?
Peter Oberois
The attorney's of Ann Baskins informed US Congress that she is taking the fifth and would not testify. HP scandal is coming to a climax.
READ MORE>>

Block Interest Discovery Service (BIDS) new trading system from US brokers may become disastrous for US Stock market
Sam Adelton
It is aimed at reduced cost of security trading and increasing competition but the net result can be catastrophic during a black monday.
READ MORE>>

Can Patricia Dunn defend her role in HP - it is the fire test for corporate America
Harman Fischer
She says she is innocent. She knew nothing, did nothing and ... Who will believe? But the day has come for Corporate America to defend its way of business.
READ MORE>>

Regulators across the ocean cannot stop the eventual global fianncial melt down initiated by swaps and other derivatives
Sam Adelton
Equity derivatives can wipe out markets across the borders and no joint action can stop it now.
READ MORE>>

China and India will face depression as US and Western Europe face mild recession in 2007
Sam Adelton
The worldwide economic collapse has started. The stock markets in US and emerging markets are making or planning to make new highs.
READ MORE>>

China may not allow Carlyle Group to purchase China Xugong - a major Chinese manufcturing entity
Steve Osifchin
The word in Sanghai and Beijing is that Chinese manufacturing plants are being bought by Western companies for liitle money.
READ MORE>>

MORE ARTICLES >>