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Saturday, May 23, 2009 10:32:42 AM
"Pilgrim's Pride announced that it had fully repaid its $450 million debtor-in-possession financing facility as of May 15, 2009. As such, the proceeds of the Farmerville sale will be held in a cash collateral account and used for general corporate operating purposes as needed"
Perhaps I am wrong but I read this as we paid off our debt and now we have cash. Next step...... remove of the Q ???????
This is huge news and the stock goes down today. Am I reading this PR wrong?
Recent PPC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:51:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:50:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:49:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:48:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:47:38 PM
- Pilgrim’s Pride Reports First Quarter 2024 Results with $4.4 Billion in Net Sales and Operating Income of $250.3 Million • GlobeNewswire Inc. • 05/01/2024 08:30:00 PM
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